LeoNovus

LeoNovus ROA

The Return on Assets (ROA) of LeoNovus (LTV.V) as of Oct 17, 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., headquartered in Ottawa, Canada, operates in the Information Technology sector, specializing in blockchain-enhanced software-defined storage and intelligent network solutions. The company offers a suite of data management tools designed to provide end-to-end data-centric solutions, integrating seamlessly with zero trust strategies and existing infrastructure. Its technology includes Smart Filer for data migration to cloud storage, Torozo for enhanced security, and Vault for multi-cloud data control, supporting on-premises, cloud, or hybrid environments with comprehensive data management capabilities. 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