What is Inter Parfums Inc 's ROA in the fourth quarter of 2023?
Inter Parfums Inc achieved a return on average assets (ROA) of
13.94 % in its fourth quarter of 2023, this is above IPAR's average return on assets of 8.37%.
Inter Parfums Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $1,347 million
ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.
However, within the
Consumer Non Cyclical sector 17 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
280, from total ROA ranking in the third quarter of 2023 at
354.
What is ROA?