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