What is Vicor's ROA in the third quarter of 2023?
Vicor Corporation achieved a return on average assets (ROA) of
9.5 % in its third quarter of 2023, this is above VICR's average return on assets of 3.84%.
Vicor Corporation assets over the 12 months ending in its third quarter of 2023 are valued at $558 million
Despite the company's net income deteriorating, Vicor was able to improve its ROA compared to the second quarter of 2023.
However, within the
Technology sector 88 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
626, from total ROA ranking in the second quarter of 2023 at
932.
What is ROA?