Return On Asset ratio Analysis of Nextgen Healthcare Inc - Deep Dive
Latest FY ROA
Period Ending - Mar-23
Very Poor ROA
-0.296
Period Ending - Mar-22
Poor ROA
0.258
Growth
-214.89 %
Trailing Twelve Months ROA
Period Ending - Mar-23
Very Poor ROA
-0.754
Most recent Quarter ROA
Period Ending - Sep-23
Not Good ROA
0.589
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NXGN | 23.94 | 23.91 | 0.125 % | Health Information 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 ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Asset of Nextgen Healthcare Inc
Period | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
---|---|---|---|---|---|---|---|
ROA | -0.296 | 0.258 | 1.48 | 1.04 | 4.60 | 0.469 | 3.85 |
Change | -214.89 % | -82.54 % | 41.79 % | -77.35 % | 879.59 % | -87.83 % | 261.68 % |
FY Chart of Return On Asset of Nextgen Healthcare Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)