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Eldorado Gold Corp  (NYSE: EGO)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

 


Eldorado Gold's ROA from the fourth quarter of 2023 to the fourth quarter of 2019 and 5 Year Period

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


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?


Return On Assets (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Total Assets Change -24.44 % -24.44 % -24.44 % -24.44 % 0.43 %
Y / Y Net Income Change 37.59 % - - - -
Net Income (TTM) in million 101 74 74 74 74
Return On Assets (TTM) 2.89 % 1.94 % 1.81 % 1.69 % 1.58 %
EGO's Total Ranking # 1919 # # # #
Total Assets (TTM) in million 3,513 3,513 3,513 3,513 4,649
Seq. Total Assets Change 0 % 0 % 0 % -24.44 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 37
Sector # 179
Overall # 1904

Return On Assets Statistics
High Average Low
2.03 %
-1.25 %
-8.2 %
(Dec 31 2023)   (Dec 31 2018)





Financial Statements
Eldorado Gold's Assets $ 3,513 million EGO's Balance sheet
Eldorado Gold's Income $ 101 million Quarterly EGO's Income Statement
EGO's Income by Division See EGO's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
(Dec 31 2017)
FY 2017

FY
Y / Y Total Assets Change -24.44 % 0.43 % -9.06 % - -
Total Assets in million 3,513 4,649 4,629 5,090 0
Y / Y Net Income Change 37.59 % - - - -
Net Income in million 101 74 -380 -21 0
Annual Return On Assets 2.89 % 1.58 % -8.2 % -0.42 % -




Comment on EGO's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 2.89 % compared to prior year, due to annual net income growth of 37.59 % to $101.38 million, and due to decline of value in Eldorado Gold's assets by -24.44 % to $3,512.83 million, compared to $3,512.83 a year before.


More Return On Assets Ratios
EGO's' Return on Assets at Yahoo Finance
Metal Mining Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
EGO's Roa Ratio versus Metal Mining Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for EGO's Competitors
Roa for Eldorado Gold's Suppliers
Return On Assets for EGO's Customers

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



Companies with similar Return On Assets at Dec 31 2023, within Basic Materials Sector ROA
Commercial Metals Company  7.92 %
Martin Marietta Materials Inc   7.77 %
Wheaton Precious Metals Corp   7.65 %
Louisiana pacific Corporation  7.59 %
Rpm International Inc   7.58 %
Celanese Corporation  7.56 %
Air Products And Chemicals Inc   7.52 %
Howmet Aerospace Inc   7.44 %
Freeport mcmoran Inc   7.28 %
U s Silica Holdings Inc   7.02 %
Royal Gold Inc  7.02 %
Flexible Solutions International Inc   7.01 %
Nexgen Energy Ltd   6.97 %
Pgt Innovations Inc   6.86 %
Agnico Eagle Mines Limited  6.77 %
Balchem Corp  6.73 %
Aptargroup inc  6.70 %
Sonoco Products Company  6.66 %
Graphic Packaging Holding Co  6.66 %
Timken Co  6.56 %
Vulcan Materials Company  6.54 %
Titan International Inc   6.44 %
Summit Materials Inc   6.39 %
Ero Copper Corp   6.24 %
Cps Technologies Corp   6.23 %
Fortune Brands Innovations Inc   6.22 %
Reynolds Consumer Products Inc   6.16 %
Avery Dennison Corporation  6.13 %
Greif Inc   6.08 %
Eastman Chemical Co  6.08 %


Date modified: 2024-03-29T13:04:39+00:00


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