Cardinal Ethanol Llc (CRDE) Return on Assets ROA from the third quarter of 2024 to third quarter of 2023 and for the year 2024, Average High and Low, Fundamental Ratios from Jun 30 2024 to Jun 30 2023 - CSIMarket
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Cardinal Ethanol Llc  (CRDE)


Cardinal Ethanol Llc's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

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


What is Cardinal Ethanol Llc's ROA in the third quarter of 2024?
Cardinal Ethanol Llc achieved a return on average assets (ROA) of 12.81 % in its third quarter of 2024, which is below Cardinal Ethanol Llc's average return on assets, which stands at 19.47%.

ROA fell compared to the second quarter of 2024, despite the net income growth of % from the second quarter of 2024.

However, within the Basic Materials sector 32 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from 285 to 470.

What is ROA?



Return On Assets (Jun 30 2024)
III. Quarter
(Mar 31 2024)
II. Quarter
(Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
Y / Y Total Assets Change 20.6 % 27.29 % 7.63 % 34.97 % 13.94 %
Y / Y Net Income Change -62.25 % - -82.9 % 144.24 % -58.18 %
Net Income (TTM) in million 33 42 57 70 54
Return On Assets (TTM) 12.81 % 17.02 % 24.54 % 30.85 % 25.92 %
CRDE's Total Ranking # 470 # 285 # 183 # 129 # 168
Total Assets (TTM) in million 256 257 254 255 212
Seq. Total Assets Change -0.36 % 1.09 % -0.5 % 20.34 % 5.17 %
Seq. Net Income Change - - -89.6 % 82.97 % 6.06 %



Return On Assets Company Ranking
Within: No.
Industry # 7
Sector # 33
Overall # 464

Return On Assets Statistics
High Average Low
82.89 %
19.47 %
-6.04 %
(Sep 30 2013)   (Jun 30 2020)





Financial Statements
Cardinal Ethanol Llc's Assets $ 256 million CRDE's Balance sheet
Cardinal Ethanol Llc's Income $ 5 million Quarterly CRDE's Income Statement
CRDE's Income by Division See CRDE's Income by Division



Annual Return On Assets (Sep 30 2023)
FY 2023
(Sep 30 2022)
FY 2022
(Sep 30 2021)
FY 2021
(Sep 30 2020)
FY 2020
(Sep 30 2019)
FY 2019
Y / Y Total Assets Change 19.34 % 25.4 % 17.36 % -6.38 % -5.05 %
Total Assets in million 226 189 151 129 137
Y / Y Net Income Change -18.54 % 216.14 % - - -
Net Income in million 70 86 27 -1 -7
Annual Return On Assets 30.93 % 45.31 % 17.97 % -0.89 % -4.81 %




Comment on CRDE's ROA in the fiscal year ending 2023
In the fiscal year 2023 Cardinal Ethanol Llc's ROA decreased compared to previous year to 30.93 %, due to deterioration of net income -18.54 % to $69.82 million, from $85.70 million a year ago, as CRDE's assets were $225.72 million.


More Return On Assets Ratios
CRDE's' Return on Assets at Yahoo Finance
Chemical Manufacturing Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
CRDE's Roa Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for CRDE's Competitors
Subscribers only: Roa for Cardinal Ethanol Llc's Suppliers
Subscribers only: Return On Assets for CRDE's Customers

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



Companies with similar Return On Assets at Jun 30 2024, within Basic Materials Sector ROA
Ivanhoe Electric Inc   30.77 %
Westlake Chemical Partners Lp  26.37 %
Trex Company Inc   23.44 %
Ball Corporation  21.53 %
Mueller Industries Inc  19.68 %
United States Lime and Minerals Inc  19.03 %
Xpel Inc   18.95 %
Idaho Strategic Resources Inc  18.75 %
Knife River Corporation  18.36 %
Louisiana pacific Corporation  18.10 %
Eagle Materials Inc   16.79 %
Southern Copper Corp  16.18 %
Wd 40 Company  15.77 %
Cactus inc   15.70 %
Tecnoglass Inc   15.40 %
Newmarket Corporation  15.07 %
Dnow Inc   15.04 %
Cabot Corporation  14.57 %
Global Clean Energy Holdings Inc   14.50 %
Paramount Gold Nevada Corp   14.32 %
Armstrong World Industries Inc   14.04 %
Harmony Gold Mining Company Limited  14.01 %
Hawkins Inc   13.90 %
Drdgold Limited  13.70 %
Profire Energy Inc   13.56 %
Steel Dynamics Inc   13.52 %
Kimberly clark Corporation  13.44 %
Martin Marietta Materials Inc   13.03 %
Cardinal Ethanol Llc  12.75 %
Rex American Resources Corporation  12.74 %


Date modified: 2026-09-26T07:26:15+00:00


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