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

Greentech Innovations (GTIC) reported Return on Assets of 1.67% for Q1 2024, up 3.0% year-over-year from 1.62% in Q1 2023, and down 1.07% quarter-over-quarter from 1.65% 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 1.67% in Q1 2024.

  • Return on Assets for Q1 2024 came in at 1.67%, up 3.0% year-over-year; the trailing twelve-month figure through Feb 2024 was 1.67% (up 3.0% YoY), and the FY2022 annual result was 1.49%, changed N/A from the prior year.
  • Return on Assets eased to 1.67% in Q1 2024 per GTIC's latest filing, from 1.65% in the prior quarter.
  • Over five years, Return on Assets peaked at 1.49% in Q2 2022 and troughed at 3.79% in Q2 2021.
  • A 4-year average of 2.28% and a median of 1.72% in 2022 frame the typical range for Return on Assets.
  • The sharpest annual moves came in 2022 and 2023: Return on Assets surged 230 bps in 2022, then grew 3 bps in 2023.
  • A 4-year view of Return on Assets shows it stood at 2.91% in 2021, then surged by 42 bps to 1.68% in 2022, then climbed by 2 bps to 1.65% in 2023, then fell by 1 bps to 1.67% in 2024.
  • Business Quant data shows GTIC's Return on Assets at 1.67% in Q1 2024, 1.65% in Q4 2023, and 1.7% in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROA (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.00%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.00%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.00%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.00%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.00%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.00%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.00%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.00%
10 Greentech Innovations - - - -

Historic Data

Download Data
DateValue
Feb 29, 2024 -1.67%
Nov 30, 2023 -1.65%
Feb 28, 2023 -1.70%
Nov 30, 2022 -1.68%
Aug 31, 2022 -1.74%
May 31, 2022 -1.49%
Feb 28, 2022 -2.84%
Nov 30, 2021 -2.91%
Aug 31, 2021 -3.35%
May 31, 2021 -3.79%
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%