What is Interdigital Inc 's ROA in the fourth quarter of 2023?
Interdigital Inc achieved a return on average assets (ROA) of
15.66 % in its fourth quarter of 2023, this is above IDCC's average return on assets of 5.73%.
Interdigital Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $1,348 million
Despite the company's net income deteriorating, Interdigital Inc was able to improve its ROA compared to the third quarter of 2023.
However, within the
Conglomerates sector Interdigital Inc achieved the highest return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
355, from total ROA ranking in the third quarter of 2023 at
502.
What is ROA?