What is Spar Group Inc 's ROA in the third quarter of 2024?
Spar Group Inc achieved a return on average assets (ROA) of
14.52 % in its third quarter of 2024, this is above SGRP's average return on assets of 5.92%.
Spar Group Inc assets over the 12 months ending in its third quarter of 2024 are valued at $81 million
ROA decreased relative to the period ending Jun 30 2024, due to the decline in net income.
However, within the
Services sector 44 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from
312 to
322.
What is ROA?