Return On Asset ratio Analysis of Sabine Royalty Trust - Deep Dive


Latest FY ROA
Period Ending - Dec-23

0.966


Poor ROA
Period Ending - Dec-22
758.75

Excellent ROA
Growth
-99.87 %
Trailing Twelve Months ROA
Period Ending - Dec-23

4.47


Not Good ROA
Most recent Quarter ROA
Period Ending - Mar-24

185.32


Excellent ROA
ROA Analysis of Sabine Royalty Trust
ROA Ratio of Sabine Royalty Trust with value of 185.32 means good return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of SBR drastically fell by -99.87 % this year.
ROA Ratio with value of 758.75 was highest in Year Dec-22 in last Five Years.
ROA Ratio with value of 0.966 was lowest in Year Dec-23 in last Five Years.
Latest ROA Ratio with value of 0.966 is lower than Average ROA of 485.33 in last five years.
Other ROA Related Info of SBR that may interest you.
Sabine Royalty Trust Overview
CodePricePrevious PricePrice ChangeSector
SBR64.0465.44 2.14 % Oil & Gas E&P
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
Low Profitability Stock
FY - Historical Return On Asset of Sabine Royalty Trust
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA0.966758.75357.42672.38637.11527.55651.54
Change-99.87 %112.29 %-46.84 %5.54 %20.77 %-19.03 %24.13 %
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FY Chart of Return On Asset of Sabine Royalty Trust


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