Return On Asset ratio Analysis of Nouveau Monde Graphite Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Poor ROA
-35.70
Period Ending - Dec-22
Very Poor ROA
-31.79
Growth
-12.28 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-73.75
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-18.33
ROA Analysis of Nouveau Monde Graphite Inc
| ROA Ratio of Nouveau Monde Graphite Inc with value of -73.75 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Nouveau Monde Graphite Inc with value of -18.33 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of NMG has fallen by -12.28 % Compared to previous Financial Year. |
| ROA Ratio with value of -12.87 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of -85.16 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of -35.70 is Greater than Average ROA of -39.42 in last five years. |
| ROA of Nouveau Monde Graphite Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of NMG that may interest you.
Nouveau Monde Graphite Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NMG | 2.2 | 2.13 | 3.29 % | Other Industrial Metals & Mining |
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 ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Asset of Nouveau Monde Graphite Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | -35.70 | -31.79 | -31.57 | -85.16 | -12.87 | -21.39 | -22.69 |
| Change | -12.28 % | -0.704 % | 62.93 % | -561.78 % | 39.84 % | 5.75 % | -2.40 % |
FY Chart of Return On Asset of Nouveau Monde Graphite Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)