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| Date | Value |
|---|---|
| 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% |