Navios Maritime Acquisition Corporation Asset Turnover Ratio (NNA), as of second quarter 2021, current and historic results, rankings and more - CSIMarket
Navios Maritime Acquisition's asset turnover ratio, the ratio that measures the ability of Navios Maritime Acquisition's assets to generate revenue, sequentially decreased to 0.28 in the second quarter (Jun 30 2021), but it does not raise any concerns as Navios Maritime Acquisition continue to execute well, and the asset turnover ratio remains above the average.
Within sector 26 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2021 compared to the preceding quarter from to 3298.
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