Inrad Optics (PHPG) Return on Assets ROA from the first quarter of 2024 to first quarter of 2023 and for the year 2024, Average High and Low, Fundamental Ratios from Mar 31 2024 to Mar 31 2023 - CSIMarket
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Inrad Optics, Inc.  (PHPG)


Inrad Optics's ROA from the first quarter of 2024 to the first quarter of 2023 and 5 Year Period

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


What is Inrad Optics's ROA in the first quarter of 2024?
Inrad Optics, Inc. achieved a return on average assets (ROA) of 14.08 % in its first quarter of 2024, this is above PHPG's average return on assets of 0%.
Inrad Optics, Inc. assets over the 12 months ending in its first quarter of 2024 are valued at $25 million

Despite the company's net income deteriorating, Inrad Optics was able to improve its ROA compared to the fourth quarter of 2023.

However, within the Technology sector Inrad Optics, Inc. achieved the highest return on assets. While the total ranking for ROA unchanged, relative to the fourth quarter of 2023 at no. .

What is ROA?



Return On Assets (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Total Assets Change -6.56 % 12.88 % 5.68 % 115.97 % 2.15 %
Y / Y Net Income Change 968.96 % 2756.9 % 6031.62 % - 9.32 %
Net Income (TTM) in million 4 3 2 1 0
Return On Assets (TTM) 14.08 % 10.39 % 6.21 % 3.43 % 0.68 %
PHPG's Total Ranking # # # # #
Total Assets (TTM) in million 24 25 26 26 26
Seq. Total Assets Change -4.53 % -5.46 % 3.62 % -0.09 % 15.33 %
Seq. Net Income Change -15.67 % 61.68 % 2.54 % 664.59 % 125.37 %



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

Return On Assets Statistics
High Average Low
0 %
0 %
0 %
 





Financial Statements
Inrad Optics's Assets $ 24 million PHPG's Balance sheet
Inrad Optics's Income $ 1 million Quarterly PHPG's Income Statement
PHPG's Income by Division See PHPG's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2011)
FY 2011

FY

FY
Y / Y Total Assets Change 12.88 % 87.42 % - - -
Total Assets in million 25 22 12 0 0
Y / Y Net Income Change 1648.62 % -7.37 % - - -
Net Income in million 3 0 0 0 0
Annual Return On Assets 10.65 % 0.69 % 1.39 % - -




Comment on PHPG's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 10.65 % compared to prior year, due to annual net income growth of 1648.62 % to $2.67 million, while value of Inrad Optics's overall assets grew just by 12.88 % to $25.04 million, compared to $25.04 a year before.


More Return On Assets Ratios
PHPG's' Return on Assets at Yahoo Finance
Scientific & Technical Instruments Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
PHPG's Roa Ratio versus Scientific & Technical Instruments Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for PHPG's Competitors
Subscribers only: Roa for Inrad Optics's Suppliers
Subscribers only: Return On Assets for PHPG's Customers

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



Companies with similar Return On Assets at Mar 31 2024, within Technology Sector ROA
Manhattan Associates Inc   31.30 %
Agilysys Inc   30.91 %
Rambus Inc  30.43 %
Birchtech Corp   30.08 %
Apple Inc   29.15 %
Lattice Semiconductor Corp  27.28 %
Napco Security Technologies inc  26.59 %
Ubiquiti Inc   25.80 %
Nve Corp  25.35 %
Tianci International Inc   25.18 %
Kaltura Inc   24.64 %
Arista Networks inc   24.25 %
Godaddy Inc   23.99 %
Applied Materials Inc  23.60 %
Meta Platforms Inc   20.91 %
Commvault Systems Inc  20.85 %
Alphabet Inc   20.74 %
Qualys Inc   20.69 %
Super Micro Computer Inc   20.66 %
Next Technology Holding Inc.  20.56 %
Immersion Corporation  20.45 %
A10 Networks Inc   20.04 %
Microsoft Corporation  19.65 %
Appfolio Inc   19.39 %
Infosys Limited  19.18 %
Cadence Design Systems Inc   19.06 %
M tron Industries Inc   18.86 %
Kla Corporation  18.24 %
Texas Instruments Incorporated  18.20 %
Verisk Analytics Inc   17.72 %


Date modified: 2026-09-08T15:22:17+00:00


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