Return On Asset ratio Analysis of Northern Technologies - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Aug-23
Indecisive ROA
10.00
Period Ending - Aug-22
Indecisive ROA
7.34
Growth
36.28 %
Trailing Twelve Months ROA
Period Ending - Aug-23
Indecisive ROA
6.44
Most recent Quarter ROA
Period Ending - Feb-24
Indecisive ROA
1.95
ROA Analysis of Northern Technologies
| ROA Ratio of NTIC rose handsomely by 36.28 % this year. |
| ROA Ratio with value of 10.00 was highest in Year Aug-23 in last Five Years. |
| ROA Ratio with value of -2.02 was lowest in Year Aug-20 in last Five Years. |
| Latest ROA Ratio with value of 10.00 is Greater than Average ROA of 6.30 in last five years. |
Other ROA Related Info of NTIC that may interest you.
Northern Technologies Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NTIC | 18.42 | 18.85 | 2.28 % | Specialty Chemicals |
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
| No Significant Profitability | |
FY - Historical Return On Asset of Northern Technologies
| Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
|---|---|---|---|---|---|---|---|
| ROA | 10.00 | 7.34 | 8.45 | -2.02 | 7.72 | 10.55 | 6.04 |
| Change | 36.28 % | -13.12 % | 517.17 % | -126.24 % | -26.82 % | 74.45 % | 455.85 % |
FY Chart of Return On Asset of Northern Technologies
Note : All Data Generated at the End of Trading Hours (EOD Data)