Return On Asset ratio Analysis of Thorne HealthTech Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-22
Indecisive ROA
6.82
Period Ending - Dec-21
Not Good ROA
4.14
Growth
64.84 %
Trailing Twelve Months ROA
Period Ending - Dec-22
Very Poor ROA
-177346.34
Most recent Quarter ROA
Period Ending - Jun-23
Indecisive ROA
1.57
ROA Analysis of Thorne HealthTech Inc
| ROA Ratio of Thorne HealthTech Inc with value of -177346.34 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Thorne HealthTech Inc with value of 1.57 means poor return on Assets in latest Quarter ending on Jun-23. |
| ROA Ratio of THRN rose handsomely by 64.84 % this year. |
| ROA of Thorne HealthTech Inc is negative because of negative Income in Trailing Twelve Months ended on Jun-23. |
Other ROA Related Info of THRN that may interest you.
Thorne HealthTech Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| THRN | 10.19 | 10.2 | 0.098 % | Packaged Foods |
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
| Low Profitability Stock | |
FY - Historical Return On Asset of Thorne HealthTech Inc
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|
| ROA | 6.82 | 4.14 | -2.91 | -16.56 |
| Change | 64.84 % | 242.32 % | 82.44 % |
FY Chart of Return On Asset of Thorne HealthTech Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)