What is Eldorado Gold's ROA in the fourth quarter of 2023?
Eldorado Gold Corp achieved a return on average assets (ROA) of
2.89 % in its fourth quarter of 2023, this is above EGO's average return on assets of -1.25%.
Eldorado Gold Corps assets during the 12 months ending in the fourth quarter of 2023 are valued at $3 billion
ROA has improved compared to 1.94% in the third quarter of 2023, due to net income growth.
However, within the
Basic Materials sector 178 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from
to
1919.
What is ROA?