Return On Asset ratio Analysis of Tenon Medical Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Poor ROA
-320.76
Period Ending - Dec-22
Very Poor ROA
-170.59
Growth
-88.02 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-182.90
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-44.59
ROA Analysis of Tenon Medical Inc
| ROA Ratio of Tenon Medical Inc with value of -182.90 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Tenon Medical Inc with value of -44.59 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of TNON drastically fell by -88.02 % this year. |
| ROA Ratio with value of -76.02 was highest in Year Dec-21 in last Five Years. |
| ROA Ratio with value of -320.76 was lowest in Year Dec-23 in last Five Years. |
| Latest ROA Ratio with value of -320.76 is lower than Average ROA of -181.38 in last five years. |
| ROA of Tenon Medical Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of TNON that may interest you.
Tenon Medical Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TNON | 0.62 | 0.615 | 0.813 % | Medical Devices |
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 Tenon Medical Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| ROA | -320.76 | -170.59 | -76.02 | -149.70 | -189.82 |
| Change | -88.02 % | -124.40 % | 49.22 % | 21.14 % |
FY Chart of Return On Asset of Tenon Medical Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)