Greentech Innovations (GTIC) Return on Assets (2016 - 2024)

Greentech Innovations' (GTIC) quarterly Return on Assets came in at 0.93% in Q1 2024, up 58.0% year-on-year from 0.59% in Q1 2023, and down 1.95% on a QoQ basis from 0.91% in Q4 2023.

Greentech Innovations (GTIC) Return on Assets (2016 - 2024) Analysis & Trends

Greentech Innovations (GTIC) has 7 years of Return on Assets data on file, last reported at 0.93% in Q1 2024.

  • On a quarterly basis, Return on Assets rose 58.0% year-over-year to 0.93% in Q1 2024; TTM through Feb 2024 was 0.93%, a 58.0% increase from a year earlier, with the FY2022 full-year figure at 2.23%, changed N/A from the prior year.
  • Return on Assets for Q1 2024 stood at 0.93%, down from 0.91% in the prior quarter.
  • Over the last five years, Return on Assets for GTIC reached as high as 0.81% in Q1 2022 and fell as low as 1.81% in Q2 2021.
  • Historically, Return on Assets has averaged 1.27% across 4 years, with a median of 1.41% in 2021.
  • On a YoY basis, Return on Assets climbed as much as 58 bps in 2023 and fell as far as 70 bps in 2023.
  • Year by year, Return on Assets stood at 0.88% in 2021, then sank by 69 bps to 1.5% in 2022, then soared by 39 bps to 0.91% in 2023, then decreased by 2 bps to 0.93% in 2024.
  • Per Business Quant data, the three most recent Return on Assets figures were 0.93% in Q1 2024, 0.91% in Q4 2023, and 1.51% in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROA (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.00%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 0.00%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.00%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.00%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.00%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.00%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.00%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.00%
10 Greentech Innovations 788,417.47 788,417.47 - -

Historic Data

Download Data
DateValue
Feb 29, 2024 -0.93%
Nov 30, 2023 -0.91%
Feb 28, 2023 -1.51%
Nov 30, 2022 -1.50%
Aug 31, 2022 -1.56%
May 31, 2022 -1.49%
Feb 28, 2022 -0.81%
Nov 30, 2021 -0.88%
Aug 31, 2021 -1.33%
May 31, 2021 -1.81%
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%