Return On Asset ratio Analysis of Ranpak Holdings Corp - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-2.41
Period Ending - Dec-22
Very Poor ROA
-3.65
Growth
33.91 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-2.02
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-0.732
ROA Analysis of Ranpak Holdings Corp
ROA Ratio of Ranpak Holdings Corp with value of -2.02 means poor return on Assets in trailing twelve months. |
ROA Ratio of Ranpak Holdings Corp with value of -0.732 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of PACK rose handsomely by 33.91 % this year. |
ROA Ratio with value of -0.231 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of -3.65 was lowest in Year Dec-22 in last Five Years. |
Latest ROA Ratio with value of -2.41 is lower than Average ROA of -2.33 in last five years. |
ROA of Ranpak Holdings Corp is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of PACK that may interest you.
Ranpak Holdings Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PACK | 6.24 | 6.36 | 1.89 % | Packaging & Containers |
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 Ranpak Holdings Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | -2.41 | -3.65 | -0.231 | -2.06 | -3.28 | 0.448 | 3180.93 |
Change | 33.91 % | -1482.80 % | 88.82 % | 37.02 % | -830.92 % | -99.99 % |
FY Chart of Return On Asset of Ranpak Holdings Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)