Return On Asset ratio Analysis of Saga Communications Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Not Good ROA
4.83
Period Ending - Dec-22
Not Good ROA
3.66
Growth
31.93 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
3.06
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-0.723
ROA Analysis of Saga Communications Inc
| ROA Ratio of SGA rose handsomely by 31.93 % this year. |
| ROA Ratio of SGA trending up for at least three Years. |
| ROA Ratio with value of -0.776 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 4.83 is Greater than Average ROA of 2.92 in last five years. |
| ROA of Saga Communications Inc is negative because of negative Income in Quarterly result ended on Mar-24. |
Other ROA Related Info of SGA that may interest you.
Saga Communications Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SGA | 16.32 | 16.63 | 1.86 % | Broadcasting |
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
| Very Low Profitability Stock | |
FY - Historical Return On Asset of Saga Communications Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 4.83 | 3.66 | 1.62 | -0.776 | 5.26 | 5.51 | 22.00 |
| Change | 31.93 % | 126.23 % | 308.45 % | -114.75 % | -4.51 % | -74.95 % | 167.31 % |
FY Chart of Return On Asset of Saga Communications Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)