Return On Asset ratio Analysis of Tango Therapeutics Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Poor ROA
-24.85
Period Ending - Dec-22
Very Poor ROA
-24.78
Growth
-0.268 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-27.64
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-9.33
ROA Analysis of Tango Therapeutics Inc
| ROA Ratio of Tango Therapeutics Inc with value of -27.64 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Tango Therapeutics Inc with value of -9.33 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of TNGX has fallen by -0.268 % Compared to previous Financial Year. |
| ROA Ratio with value of -0.073 was highest in Year Dec-20 in last Five Years. |
| ROA Ratio of TNGX trending down for at least three Years. |
| Latest ROA Ratio with value of -24.85 is lower than Average ROA of -17.33 in last five years. |
| ROA of Tango Therapeutics Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of TNGX that may interest you.
Tango Therapeutics Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TNGX | 6.92 | 6.66 | 3.90 % | Biotechnology |
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 Tango Therapeutics Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| ROA | -24.85 | -24.78 | -11.64 | -0.073 | -25.28 |
| Change | -0.268 % | -112.86 % | -15826.82 % | 99.71 % |
FY Chart of Return On Asset of Tango Therapeutics Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)