Nova Royalty (NOVRF) Return on Assets (ROA)

Price: $1.08881
Market Cap: $102.51M
Avg Volume: 38.31K
Country: CA
Industry: Industrial Materials
Sector: Basic Materials
Beta: 1.699
52W Range: $0.893-1.44
Website: Nova Royalty

Nova Royalty Return on Assets (ROA) Summary

Nova Royalty's ROA indicates the return generated on the company's assets:

  • Annual: -8.96%
  • Quarterly: -3.67%
  • TTM: -6.44%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Nova Royalty's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -10.30%
    • Quarterly: -4.47%
    • TTM: -7.92%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -7.85%
    • Quarterly: -3.36%
    • TTM: -5.86%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: -8.96%
    • Quarterly: -3.67%
    • TTM: -6.44%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: -395.48%
    • Quarterly: -657.62%
    • TTM: -596.35%

These metrics provide insights into Nova Royalty's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

-8.96%

Quarterly ROA

-3.67%

TTM ROA

-6.44%

Nova Royalty Historical ROA
0.00%0.00%-4.97%-4.97%-9.93%-9.93%-14.90%-14.90%-19.86%-19.86%-24.83%-24.83%ROA20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical ROE
0.00%0.00%-5.34%-5.34%-10.68%-10.68%-16.02%-16.02%-21.36%-21.36%-26.70%-26.70%ROE20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical ROIC
0.00%0.00%-5.33%-5.33%-10.66%-10.66%-15.99%-15.99%-21.33%-21.33%-26.66%-26.66%ROIC20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical Profit Margin
0.00%0.00%-40000.00%-40000.00%-80000.00%-80000.00%-120000.00%-120000.00%-160000.00%-160000.00%-200000.00%-200000.00%Profit Margin20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical Return on Tangible Assets
0.00%0.00%-4.97%-4.97%-9.93%-9.93%-14.90%-14.90%-19.86%-19.86%-24.83%-24.83%Return on Tangible Assets20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023

Nova Royalty Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2022.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2022 -8.96% -10.30% -7.85% -395.48% -8.96%
2021 -10.98% -12.02% -7.15% -1340.49% -10.98%
2020 -9.64% -12.19% -10.73% -165825.93% -9.64%
2019 -24.83% -26.70% -26.66% -18548.80% -24.83%

Related Metrics

Explore detailed financial metrics and analysis for NOVRF.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
Ownership Insider Trading SEC Filings Congress Trading News Earnings Call Transcripts
Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
Assets Debt Cash On Hand Shares Outstanding
Dividends
Dividends Dividend Yield Payout Ratio