Avid Technology Inc (AVID) Return on Assets ROA from the third quarter of 2023 to third quarter of 2022 and for the year 2023, Average High and Low, Fundamental Ratios from Sep 30 2023 to Sep 30 2022 - CSIMarket
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Avid Technology Inc   (NASDAQ: AVID)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology


Avid Technology Inc 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Avid Technology Inc 's ROA in the third quarter of 2023?
Avid Technology Inc achieved a return on average assets (ROA) of 4.92 % in its third quarter of 2023, which is below Avid Technology Inc 's average return on assets, which stands at 13.95%.

ROA decreased relative to the period ending Jun 30 2023, due to the decline in net income.

However, within the Technology sector 170 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2023 from 567 to 1342.

What is ROA?



Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 16.95 % 20.93 % 13.46 % 6.81 % -2.7 %
Y / Y Net Income Change - - - 66.01 % -18.63 %
Net Income (TTM) in million 13 32 44 55 45
Return On Assets (TTM) 4.92 % 12.72 % 18.3 % 23.56 % 19.64 %
AVID's Total Ranking # 1342 # 567 # 347 # 263 # 367
Total Assets (TTM) in million 256 275 254 268 219
Seq. Total Assets Change -6.96 % 8.44 % -5.51 % 22.66 % -3.79 %
Seq. Net Income Change - - - 110.11 % 63.05 %



Return On Assets Company Ranking
Within: No.
Industry # 36
Sector # 171
Overall # 1327

Return On Assets Statistics
High Average Low
108.69 %
13.95 %
-9.74 %
(Sep 30 2014)   (Dec 31 2012)





Financial Statements
Avid Technology Inc 's Assets $ 256 million AVID's Balance sheet
Avid Technology Inc 's Income $ -7 million Quarterly AVID's Income Statement
AVID's Income by Division See AVID's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change 6.81 % -9.63 % -8.66 % 14.46 % 13.28 %
Total Assets in million 268 251 278 304 266
Y / Y Net Income Change 33.47 % 274.15 % 45.53 % - -
Net Income in million 55 41 11 8 -11
Annual Return On Assets 20.59 % 16.48 % 3.98 % 2.5 % -4.02 %




Comment on AVID's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 20.59 % compared to prior year, due to annual net income growth of 33.47 % to $55.24 million, while value of Avid Technology Inc 's overall assets grew just by 6.81 % to $268.30 million, compared to $268.30 a year before.


More Return On Assets Ratios
AVID's' Return on Assets at Yahoo Finance
Software & Programming Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
AVID's Roa Ratio versus Software & Programming Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for AVID's Competitors
Subscribers only: Roa for Avid Technology Inc 's Suppliers
Subscribers only: Return On Assets for AVID's Customers

You may also want to know
AVID's Roi AVID's Inventory Turnover Ratio AVID's Growth Rates AVID's Dividend Comparisons
AVID's Profitability Ratios AVID's Asset Turnover Ratio AVID's Dividend Growth
AVID's Roe AVID's Valuation Ratios AVID's Financial Strength Ratios AVID's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Technology Sector ROA
Everspin Technologies Inc   13.51 %
Universal Display Corporation  13.23 %
Tigo Energy Inc   13.13 %
Crawford United Corp  13.10 %
Diodes Inc  12.92 %
Liveperson Inc   12.82 %
Gartner Inc   12.71 %
Shutterstock inc   12.64 %
Fabrinet  12.64 %
Amphenol Corporation  12.56 %
Hubbell Inc  12.55 %
Synopsys Inc   12.35 %
Keysight Technologies inc   12.32 %
Gen Digital Inc   12.29 %
Innovative Solutions And Support inc   12.17 %
Nxp Semiconductors N v   12.04 %
Match Group Inc   11.91 %
Factset Research Systems Inc   11.75 %
Epam Systems Inc   11.62 %
Cognizant Technology Solutions Corporation  11.60 %
Consensus Cloud Solutions Inc   11.52 %
Espey Mfg and Electronics Corp   11.46 %
Doximity Inc   11.44 %
Cars com Inc   11.42 %
Skyworks Solutions Inc   11.36 %
Rockwell Automation Inc   11.29 %
Ibex Limited  11.23 %
Forian Inc   11.22 %
Veeva Systems Inc   11.18 %
Servicenow Inc   11.14 %


Date modified: 2026-09-08T15:11:05+00:00


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