What is Celsius Holdings Inc 's ROA in the fourth quarter of 2023?
Celsius Holdings Inc achieved a return on average assets (ROA) of
14.51 % in its fourth quarter of 2023, this is above CELH's average return on assets of -6.05%.
Celsius Holdings Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $1,443 million
Despite the company's net income deteriorating, Celsius Holdings Inc was able to improve its ROA compared to the third quarter of 2023.
However, within the
Consumer Non Cyclical sector 14 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
251, from total ROA ranking in the third quarter of 2023 at
515.
What is ROA?