What is Emerson Radio's ROA in the third quarter of 2023?
Emerson Radio Corp achieved a return on average assets (ROA) of
5.28 % in its third quarter of 2023, this is above MSN's average return on assets of -5.52%.
Emerson Radio Corp assets over the 12 months ending in its third quarter of 2023 are valued at $33 million
ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.
However, within the
Technology sector 107 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
797, from total ROA ranking in the second quarter of 2023 at
975.
What is ROA?