What is Intest's ROA in the third quarter of 2023?
Intest Corp achieved a return on average assets (ROA) of
9.9 % in its third quarter of 2023, this is above INTT's average return on assets of 5.68%.
Intest Corp assets over the 12 months ending in its third quarter of 2023 are valued at $119 million
ROA fell compared to the second quarter of 2023, despite the net income growth of 6.19% from the second quarter of 2023.
However, within the
Technology sector 87 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
618, from total ROA ranking in the second quarter of 2023 at
680.
What is ROA?