Return On Asset ratio Analysis of Tantech Holdings Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-22
Not Good ROA
2.25
Period Ending - Dec-21
Very Poor ROA
-6.21
Growth
136.25 %
Trailing Twelve Months ROA
Period Ending - Dec-22
Not Good ROA
2.15
Most recent Quarter ROA
Period Ending - Sep-23
Indecisive ROA
1.46
ROA Analysis of Tantech Holdings Ltd
| ROA Ratio of TANH rose handsomely by 136.25 % this year. |
| ROA Ratio with value of 2.25 was highest in Year Dec-22 in last Five Years. |
| ROA Ratio with value of -6.21 was lowest in Year Dec-21 in last Five Years. |
| Latest ROA Ratio with value of 2.25 is Greater than Average ROA of -2.72 in last five years. |
Other ROA Related Info of TANH that may interest you.
Tantech Holdings Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TANH | 0.657 | 0.5751 | 14.24 % | Household & Personal Products |
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 Tantech Holdings Ltd
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|
| ROA | 2.25 | -6.21 | -5.61 | -5.51 | 1.47 | 2.72 | 4.56 |
| Change | 136.25 % | -10.81 % | -1.83 % | -473.79 % | -45.85 % | -40.33 % | -52.96 % |
FY Chart of Return On Asset of Tantech Holdings Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)