Return On Asset ratio Analysis of Natural Gas Services Grp Inc. - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
0.478
Period Ending - Dec-22
Very Poor ROA
-0.173
Growth
375.83 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
1.38
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.356
ROA Analysis of Natural Gas Services Grp Inc.
ROA Ratio of Natural Gas Services Grp Inc. with value of 1.38 means poor return on Assets in trailing twelve months. |
ROA Ratio of Natural Gas Services Grp Inc. with value of 0.356 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of NGS rose handsomely by 375.83 % this year. |
ROA Ratio with value of 0.589 was highest in Year Dec-20 in last Five Years. |
ROA Ratio with value of -4.84 was lowest in Year Dec-19 in last Five Years. |
Latest ROA Ratio with value of 0.478 is Greater than Average ROA of -1.40 in last five years. |
Other ROA Related Info of NGS that may interest you.
Natural Gas Services Grp Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NGS | 18.46 | 18.92 | 2.43 % | Oil & Gas Equipment & Services |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..![Return On Asset Formula Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Low Profitability Stock |
FY - Historical Return On Asset of Natural Gas Services Grp Inc.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 0.478 | -0.173 | -3.08 | 0.589 | -4.84 | 0.139 | 6.65 |
Change | 375.83 % | 94.37 % | -622.02 % | 112.18 % | -3568.23 % | -97.90 % | 201.94 % |
FY Chart of Return On Asset of Natural Gas Services Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)