Return On Asset ratio Analysis of United Maritime Corporation - Deep Dive


Latest FY ROA
Period Ending - Dec-23

21.40


Excellent ROA
Period Ending - Dec-22
29.84

Excellent ROA
Growth
-28.27 %
Trailing Twelve Months ROA
Period Ending - Dec-23

2.67


Not Good ROA
Most recent Quarter ROA
Period Ending - Mar-24

-0.415


Very Poor ROA
ROA Analysis of United Maritime Corporation
ROA Ratio of USEA drastically fell by -28.27 % this year.
ROA Ratio with value of 29.84 was highest in Year Dec-22 in last Five Years.
ROA Ratio with value of 0 was lowest in Year Dec-19 in last Five Years.
Latest ROA Ratio with value of 21.40 is Greater than Average ROA of 15.04 in last five years.
ROA of United Maritime Corporation is negative because of negative Income in Quarterly result ended on Mar-24.
Other ROA Related Info of USEA that may interest you.
United Maritime Corporation Overview
CodePricePrevious PricePrice ChangeSector
USEA2.742.68 2.24 % Marine Shipping
Fundamental AnalysisTechnical Analysis
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 ..
Return On Asset Formula

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Very Low Profitability Stock
FY - Historical Return On Asset of United Maritime Corporation
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROA21.4029.8416.167.830
Change-28.27 %84.63 %106.50 %
FY Chart of Return On Asset of United Maritime Corporation


Note : All Data Generated at the End of Trading Hours (EOD Data)