Greater Cannabis Company (GCAN) Return on Assets (2018 - 2022)
Greater Cannabis Company's Return on Assets history spans 5 years, with the latest figure at 1.63% for Q3 2022.
- For Q3 2022, Return on Assets fell 19.0% year-over-year to 1.63%; the TTM value through Sep 2022 reached 1.63%, down 19.0%, while the annual FY2021 figure was 2.1%, 607.0% up from the prior year.
- Return on Assets reached 1.63% in Q3 2022 per GCAN's latest filing, up from 1.87% in the prior quarter.
- In the past five years, Return on Assets ranged from a high of 0.53% in Q1 2021 to a low of 19.03% in Q4 2019.
- Average Return on Assets over 5 years is 4.86%, with a median of 3.86% recorded in 2019.
- Peak YoY movement for Return on Assets: tumbled -1403bps in 2019, then surged 1432bps in 2020.
- A 5-year view of Return on Assets shows it stood at 5.0% in 2018, then crashed by -281bps to 19.03% in 2019, then surged by 75bps to 4.71% in 2020, then surged by 72bps to 1.33% in 2021, then decreased by -22bps to 1.63% in 2022.
- Per Business Quant, the three most recent readings for GCAN's Return on Assets are 1.63% (Q3 2022), 1.87% (Q2 2022), and 1.64% (Q1 2022).