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Ericsson Lm Telephone Co  (ERIC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology


Ericsson Lm Telephone Co's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

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


What is Ericsson Lm Telephone Co's ROA in the fourth quarter of 2023?
Ericsson Lm Telephone Co had a negative return on assets (ROA) of -8.79%, due to the net loss of $-2 billion, during the twelve months ending in the fourth quarter of 2023.

However, within the Technology sector 396 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 2940.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change -15.02 % -15.02 % -15.02 % -15.02 % 14.37 %
Y / Y Net Income Change - - - - -16.83 %
Net Income (TTM) in million -2,806 2,055 2,055 2,055 2,055
Return On Assets (TTM) -8.79 % 6.16 % 5.91 % 5.68 % 5.47 %
ERIC's Total Ranking # 2940 # # # # 1411
Total Assets (TTM) in million 31,931 31,931 31,931 31,931 37,575
Seq. Total Assets Change 0 % 0 % 0 % -15.02 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 29
Sector # 397
Overall # 2926

Return On Assets Statistics
High Average Low
7.52 %
1.5 %
-8.79 %
(Dec 31 2021)   (Dec 31 2023)





Financial Statements
Ericsson Lm Telephone Co's Assets $ 31,931 million ERIC's Balance sheet
Ericsson Lm Telephone Co's Income $ -2,806 million Quarterly ERIC's Income Statement
ERIC's Income by Division See ERIC's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change -15.02 % 14.37 % 12.55 % -1.76 % 2.84 %
Total Assets in million 31,931 37,575 32,854 29,189 29,711
Y / Y Net Income Change - -16.83 % 30.4 % 857.77 % -
Net Income in million -2,806 2,055 2,470 1,894 198
Return On Assets -8.79 % 5.47 % 7.52 % 6.49 % 0.67 %




More Return On Assets Ratios
ERIC's' Return on Assets at Yahoo Finance
Consumer Electronics Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
ERIC's Roa Ratio versus Consumer Electronics Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for ERIC's Competitors
Roa for Ericsson Lm Telephone Co's Suppliers
Return On Assets for ERIC's Customers

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



Companies with similar Return On Assets at Dec 31 2023, within Technology Sector ROA


Date modified: 2024-03-13T04:18:13+00:00


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