Return On Asset ratio Analysis of Newell Brands Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-4.53
Period Ending - Dec-22
Poor ROA
1.49
Growth
-404.97 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-2.34
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-0.074
ROA Analysis of Newell Brands Inc
ROA Ratio of Newell Brands Inc with value of -2.34 means poor return on Assets in trailing twelve months. |
ROA Ratio of Newell Brands Inc with value of -0.074 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of NWL drastically fell by -404.97 % this year. |
ROA Ratio with value of 4.03 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of -5.24 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of -4.53 is lower than Average ROA of -0.713 in last five years. |
ROA of Newell Brands Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of NWL that may interest you.
Newell Brands Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NWL | 6.78 | 6.97 | 2.73 % | Household & Personal Products |
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 Newell Brands Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | -4.53 | 1.49 | 4.03 | -5.24 | 0.681 | -39.05 | 8.30 |
Change | -404.97 % | -63.18 % | 177.02 % | -868.61 % | 101.75 % | -570.71 % | 431.84 % |
FY Chart of Return On Asset of Newell Brands Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)