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Novagant (NVGT) Return on Assets (2021 - 2023)

Novagant (NVGT) has disclosed Return on Assets for 3 consecutive years, with 2.33% as the latest value for Q4 2023.

  • Quarterly Return on Assets rose 5212.0% to 2.33% in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 2.33% through Dec 2023, up 5212.0% year-over-year, with the annual reading at 0.95% for FY2023, 7222.0% up from the prior year.
  • Return on Assets for Q4 2023 was 2.33% at Novagant, down from 1.96% in the prior quarter.
  • The five-year high for Return on Assets was 0.02% in Q4 2021, with the low at 70.26% in Q2 2022.
  • Average Return on Assets over 3 years is 28.42%, with a median of 2.33% recorded in 2023.
  • The sharpest move saw Return on Assets tumbled -5442bps in 2022, then skyrocketed 6876bps in 2023.
  • Over 3 years, Return on Assets stood at 0.02% in 2021, then crashed by -244288bps to 54.44% in 2022, then surged by 96bps to 2.33% in 2023.
  • According to Business Quant data, Return on Assets over the past three periods came in at 2.33%, 1.96%, and 1.51% for Q4 2023, Q3 2023, and Q2 2023 respectively.