Greentech Innovations (GTIC) Return on Assets (2016 - 2024)
Greentech Innovations (GTIC) posted quarterly Return on Assets of 1.11% for Q1 2024, up 169.0% year-over-year from 0.41% in Q1 2023, and down 1.62% quarter-over-quarter from 1.1% in Q4 2023.
Greentech Innovations (GTIC) Return on Assets (2016 - 2024) Analysis & Trends
Greentech Innovations (GTIC) has reported Return on Assets for 7 consecutive years, with 1.11% the latest figure, recorded in Q1 2024.
- In Q1 2024, Return on Assets rose 169.0% year-over-year to 1.11%; the TTM figure through Feb 2024 stood at 1.11% (up 169.0% YoY), while the FY2022 annual figure was 2.23%, changed N/A from the prior year.
- Return on Assets slipped to 1.11% in Q1 2024 per GTIC's latest filing, from 1.1% in the prior quarter.
- Across five years, Return on Assets topped out at 1.1% in Q4 2023 and bottomed at 2.85% in Q3 2022.
- Historically, Return on Assets has averaged 2.09% across 4 years, with a median of 2.24% in 2021.
- On a YoY basis, Return on Assets climbed as much as 169 bps in 2023 and fell as far as 132 bps in 2023.
- Greentech Innovations' Return on Assets stood at 1.55% in 2021, then slumped by 79 bps to 2.79% in 2022, then surged by 61 bps to 1.1% in 2023, then fell by 2 bps to 1.11% in 2024.
- Business Quant data shows GTIC's Return on Assets at 1.11% in Q1 2024, 1.1% in Q4 2023, and 2.8% in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.00% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.00% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.00% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.00% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.00% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.00% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.00% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.00% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.00% |
| 10 | Greentech Innovations | 733,834.77 | 733,834.77 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 29, 2024 | -1.11% |
| Nov 30, 2023 | -1.10% |
| Feb 28, 2023 | -2.80% |
| Nov 30, 2022 | -2.79% |
| Aug 31, 2022 | -2.85% |
| May 31, 2022 | -2.78% |
| Feb 28, 2022 | -1.48% |
| Nov 30, 2021 | -1.55% |
| Aug 31, 2021 | -2.00% |
| May 31, 2021 | -2.47% |
| Nov 30, 2018 | -0.08% |
| Aug 31, 2018 | -0.09% |
| May 31, 2018 | -0.12% |
| Feb 28, 2017 | -0.01% |
| Nov 30, 2016 | 0.00% |