What is Sps Commerce Inc 's ROA in the fourth quarter of 2023?
Sps Commerce Inc achieved a return on average assets (ROA) of
8.58 % in its fourth quarter of 2023, this is above SPSC's average return on assets of 5.01%.
Sps Commerce Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $767 million
ROA fell compared to the third quarter of 2023, despite the net income growth of 12.88% from the third quarter of 2023.
However, within the
Technology sector 80 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
541, from total ROA ranking in the third quarter of 2023 at
705.
What is ROA?