Return On Asset ratio Analysis of Nextgen Healthcare Inc - Deep Dive


Latest FY ROA
Period Ending - Mar-23

-0.296


Very Poor ROA
Period Ending - Mar-22
0.258

Poor ROA
Growth
-214.89 %
Trailing Twelve Months ROA
Period Ending - Mar-23

-0.754


Very Poor ROA
Most recent Quarter ROA
Period Ending - Sep-23

0.589


Not Good ROA
ROA Analysis of Nextgen Healthcare Inc
ROA Ratio of Nextgen Healthcare Inc with value of -0.754 means poor return on Assets in trailing twelve months.
ROA Ratio of Nextgen Healthcare Inc with value of 0.589 means poor return on Assets in latest Quarter ending on Sep-23.
ROA Ratio of NXGN drastically fell by -214.89 % this year.
ROA Ratio with value of 4.60 was highest in Year Mar-19 in last Five Years.
ROA Ratio with value of -0.296 was lowest in Year Mar-23 in last Five Years.
Latest ROA Ratio with value of -0.296 is lower than Average ROA of 1.42 in last five years.
ROA of Nextgen Healthcare Inc is negative because of negative Income in Trailing Twelve Months ended on Sep-23.
Other ROA Related Info of NXGN that may interest you.
Nextgen Healthcare Inc Overview
CodePricePrevious PricePrice ChangeSector
NXGN23.9423.91 0.125 % Health Information Services
Fundamental AnalysisTechnical Analysis
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

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of Nextgen Healthcare Inc
PeriodMar-23Mar-22Mar-21Mar-20Mar-19Mar-18Mar-17
ROA-0.2960.2581.481.044.600.4693.85
Change-214.89 %-82.54 %41.79 %-77.35 %879.59 %-87.83 %261.68 %
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FY Chart of Return On Asset of Nextgen Healthcare Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)