Return On Asset ratio Analysis of Valaris Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Poor ROA
1.58
Period Ending - Dec-22
Indecisive ROA
6.17
Growth
-74.41 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Excellent ROA
26.49
Most recent Quarter ROA
Period Ending - Mar-24
Not Good ROA
0.586
ROA Analysis of Valaris Ltd
| ROA Ratio of Valaris Ltd with value of 26.49 means good return on Assets in trailing twelve months. |
| ROA Ratio of VAL drastically fell by -74.41 % this year. |
| ROA Ratio with value of 6.17 was highest in Year Dec-22 in last Five Years. |
| ROA Ratio with value of -172.47 was lowest in Year Dec-21 in last Five Years. |
| Latest ROA Ratio with value of 1.58 is Greater than Average ROA of -40.72 in last five years. |
Other ROA Related Info of VAL that may interest you.
Valaris Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| VAL | 76.6 | 76.56 | 0.052 % | Oil & Gas Equipment & Services |
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 Valaris Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 1.58 | 6.17 | -172.47 | -37.72 | -1.17 | -4.56 | -2.08 |
| Change | -74.41 % | 103.58 % | -357.25 % | -3125.30 % | 74.36 % | -119.68 % | -133.53 % |
FY Chart of Return On Asset of Valaris Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)