Schmitt Industries Inc (SMIT) Return on Assets ROA from the fourth quarter of 2022 to fourth quarter of 2021 and for the year 2022, Average High and Low, Fundamental Ratios from May 31 2022 to May 31 2021 - CSIMarket
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Schmitt Industries Inc   (NASDAQ: SMIT)
    Sector • Technology    Industry • IT Infrastructure
   Industry • IT Infrastructure
   Sector • Technology


Schmitt Industries Inc 's ROA from the fourth quarter of 2022 to the fourth quarter of 2021 and 5 Year Period

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


What is Schmitt Industries Inc 's ROA in the fourth quarter of 2022?
Schmitt Industries Inc recorded a cumulative net loss of $-3 million during 12 months ending in the fourth quarter of 2022, resulting in a negative return on assets (ROA) of -16.69%.

However, within the Technology sector 479 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2022 from 4164 to 4327.

What is ROA?


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Return On Assets (May 31 2022)
IV. Quarter		 (Feb 28 2022)
III. Quarter		 (Nov 30 2021)
II. Quarter		 (Aug 31 2021)
I. Quarter		 (May 31 2021)
IV. Quarter
Y / Y Total Assets Change 4.28 % -44.51 % -7.16 % -26.57 % 12.02 %
Y / Y Net Income Change - - - - -
Net Income (TTM) in million -3 -4 -5 -10 -8
Return On Assets (TTM) -16.69 % -18.74 % -22.84 % -44.04 % -33.43 %
SMIT's Total Ranking # 4327 # 4164 # 3876 # 3990 # 191
Total Assets (TTM) in million 23 12 23 20 22
Seq. Total Assets Change 83.48 % -46.74 % 16.7 % -8.55 % -2.37 %
Seq. Net Income Change - - - - -

SMIT's 5 Years Annual ROA >> Back to SMIT Management Effectiveness >> Compare SMIT ROA to its Competitors


Return On Assets Company Ranking
Within: No.
Industry # 53
Sector # 480
Overall # 3607

Return On Assets Statistics
High Average Low
35.18 %
-6.12 %
-44.4 %
(Feb 29 2020)   (Aug 31 2021)





Financial Statements
Schmitt Industries Inc 's Assets $ 23 million SMIT's Balance sheet
Schmitt Industries Inc 's Income $ -3 million Quarterly SMIT's Income Statement
SMIT's Income by Division See SMIT's Income by Division



Annual Return On Assets (May 31 2022)
FY 2022		 (May 31 2021)
FY 2021		 (May 31 2020)
FY 2020		 (May 31 2019)
FY 2019		 (May 31 2018)
FY 2018
Y / Y Total Assets Change 7.87 % 60.39 % 33.82 % -12.59 % 25.31 %
Total Assets in million 23 21 13 10 11
Y / Y Net Income Change - - - - -
Net Income in million -3 -8 4 -1 0
Annual Return On Assets -14.38 % -38.21 % 29.4 % -12.28 % 1.87 %

SMIT's 5 Years Annual ROA >> Back to SMIT Management Effectiveness >> Compare SMIT ROA to its Competitors



More Return On Assets Ratios
SMIT's' Return on Assets at Yahoo Finance
IT Infrastructure Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
SMIT's Roa Ratio versus IT Infrastructure Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for SMIT's Competitors
Subscribers only: Roa for Schmitt Industries Inc 's Suppliers
Subscribers only: Return On Assets for SMIT's Customers

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



Companies with similar Return On Assets at May 31 2022, within Technology Sector ROA

Date modified: 2026-09-08T15:10:43+00:00


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