What is Deer Valley's ROA in the fourth quarter of 2015?
Deer Valley Corp achieved a return on average assets (ROA) of
14 % in its fourth quarter of 2015, this is above DVLY's average return on assets of 5.66%.
Deer Valley Corp assets over the 12 months ending in its fourth quarter of 2015 are valued at $14 million
ROA has improved compared to 10.73% in the third quarter of 2015, due to net income growth.
However, within the
Capital Goods sector 13 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jan 02 2016 quarter, so far to
332, from total ROA ranking in the third quarter of 2015 at
563.
What is ROA?