What is Napco Security Technologies Inc's ROA in the first quarter of 2024?
Napco Security Technologies inc achieved a return on average assets (ROA) of
21.97 % in its first quarter of 2024, this is above NSSC's average return on assets of 10.93%.
Napco Security Technologies Inc assets over the 12 months ending in its first quarter of 2024 are valued at $157 million
Despite the company's net income deteriorating, Napco Security Technologies Inc was able to improve its ROA compared to the fourth quarter of 2023.
However, within the
Technology sector 21 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
176, from total ROA ranking in the fourth quarter of 2023 at
276.
What is ROA?