Summit Networks Inc. (SNTW) Return on Assets (2015 - 2023)
Summit Networks (SNTW) posted quarterly Return on Assets of 0.02% for Q1 2023, up 23.0% year-over-year from 0.01% in Q1 2022, and up 41.53% quarter-over-quarter from 0.03% in Q4 2022.
Summit Networks Inc. (SNTW) Return on Assets (2015 - 2023) Analysis & Trends
Summit Networks (SNTW) has reported Return on Assets for 7 consecutive years, with 0.02% the latest figure, recorded in Q1 2023.
- In Q1 2023, Return on Assets rose 23.0% year-over-year to 0.02%; the TTM figure through Mar 2023 stood at 0.02% (up 23.0% YoY), while the FY2022 annual figure was 0.08%, down 4.0% from the prior year.
- Return on Assets improved to 0.02% in Q1 2023 per SNTW's latest filing, from 0.03% in the prior quarter.
- Across five years, Return on Assets topped out at 0.01% in Q3 2020 and bottomed at 0.42% in Q3 2022.
- Historically, Return on Assets has averaged 0.15% across 4 years, with a median of 0.11% in 2021.
- Annual changes were most pronounced in 2022 — Return on Assets declined 28 bps — and 2023, when it rose 23 bps.
- Summit Networks' Return on Assets stood at 0.01% in 2020, then tumbled by 2456 bps to 0.23% in 2021, then surged by 88 bps to 0.03% in 2022, then soared by 42 bps to 0.02% in 2023.
- Business Quant data shows SNTW's Return on Assets at 0.02% in Q1 2023, 0.03% in Q4 2022, and 0.42% in Q3 2022.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -0.02% |
| Dec 31, 2022 | -0.03% |
| Sep 30, 2022 | -0.42% |
| Jun 30, 2022 | -0.36% |
| Mar 31, 2022 | -0.25% |
| Dec 31, 2021 | -0.23% |
| Sep 30, 2021 | -0.14% |
| Jun 30, 2021 | -0.09% |
| Sep 30, 2020 | -0.01% |
| Jul 31, 2020 | -0.01% |
| Apr 30, 2017 | 0.00% |
| Jan 31, 2017 | 0.00% |
| Oct 31, 2016 | 0.00% |
| Jul 31, 2016 | -0.01% |
| Apr 30, 2016 | -0.01% |
| Jan 31, 2016 | -0.02% |
| Oct 31, 2015 | -0.02% |
| Jul 31, 2015 | -0.01% |
| Apr 30, 2015 | 0.00% |