LeoNovus

LeoNovus ROA

The Return on Assets (ROA) of LeoNovus (LTV.V) as of Oct 21, 2026 is -50.00 %. In the previous year, Return on Assets (ROA) was -2,757.14 % — a change of -98.19% (higher).

ROA

-50.00 %

YoY

-98.19%

Last updated:

In 2023, LeoNovus's return on assets (ROA) was -50.00 %, a -98.19% increase from the -2,757.14 % ROA in the previous year.

The LeoNovus ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2016
-488.59 CAD
Jan 1, 2017
-24.99 CAD
Jan 1, 2018
-95.78 CAD
Jan 1, 2019
-246.97 CAD
Jan 1, 2020
-57.50 CAD
Jan 1, 2021
-93.24 CAD
Jan 1, 2022
-2,757.14 CAD
Jan 1, 2023
-50.00 CAD
The LeoNovus ROA history
YEARROAYoY
-50.00 %-98.19%
-2,757.14 %+2,856.90%
-93.24 %+62.17%
-57.50 %-76.72%
-246.97 %+157.85%
-95.78 %+283.33%
-24.99 %-94.89%
-488.59 %+117.76%
-224.37 %+513.44%
-36.58 %—

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LeoNovus Stock analysis

What does LeoNovus do? LeoNovus, Inc. generates revenue through its suite of data management tools designed for end-to-end data-centric solutions. The company's products include Smart Filer, Torozo, and Vault, which offer boundless unstructured data storage, enhanced hybrid cloud data security, compliant long-term data management, and seamless storage hardware refresh. Customers integrate these solutions with their zero trust strategies or use them as standalone systems, leveraging existing storage infrastructure across on-premises, cloud, or hybrid environments. The primary buyers are organizations seeking secure, scalable data management across cloud and on-premises architectures. Vault, a multi-cloud data control solution, enables secure use of on-premises, private, and public cloud storage, while Smart Filer migrates data from file servers to cloud storage. These tools target enterprises requiring compliance, security, and seamless transitions between storage environments without disrupting existing workflows. The company's technology extends data-centric controls across entire architectures, including cloud resources, ensuring organizations maximize their current infrastructure investments. LeoNovus' offerings are positioned to address data management challenges in hybrid environments, combining on-premises and cloud storage with intelligent network capabilities. The suite supports long-term data compliance and security, appealing to businesses needing robust data governance. By integrating with zero trust architecture, the solutions provide a cohesive framework for managing data across diverse environments without requiring additional infrastructure investments. LeoNovus is one of the most popular companies on Eulerpool.

ROA Details

Understanding LeoNovus's Return on Assets (ROA)

LeoNovus's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing LeoNovus's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider LeoNovus's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in LeoNovus’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about LeoNovus stock

Return on Assets (ROA) of LeoNovus is -50.00 % in 2023.

Return on Assets (ROA) of LeoNovus changed from -2,757.14 % to -50.00 %, representing a -98.19% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) LeoNovus since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s LeoNovus with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — LeoNovus

All Key Metrics — LeoNovus