Tingo Group

Tingo Group ROA

The Return on Assets (ROA) of Tingo Group (TIOG) as of Nov 7, 2026 is -2.80 %. In the previous year, Return on Assets (ROA) was -20.49 % — a change of -86.34% (higher).

ROA

-2.80 %

YoY

-86.34%

Last updated:

In 2022, Tingo Group's return on assets (ROA) was -2.80 %, a -86.34% increase from the -20.49 % ROA in the previous year.

The Tingo Group ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2015
-6.23 USD
Jan 1, 2016
-18.18 USD
Jan 1, 2017
-27.61 USD
Jan 1, 2018
-25.74 USD
Jan 1, 2019
-71.27 USD
Jan 1, 2020
-29.58 USD
Jan 1, 2021
-20.49 USD
Jan 1, 2022
-2.80 USD
The Tingo Group ROA history
YEARROAYoY
-2.80 %-86.34%
-20.49 %-30.74%
-29.58 %-58.50%
-71.27 %+176.85%
-25.74 %-6.76%
-27.61 %+51.85%
-18.18 %+191.64%
-6.23 %+33.30%
-4.68 %—

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Tingo Group Stock analysis

What does Tingo Group do? MICT Inc is a company specializing in the development and sale of value-added technologies. It was founded in 2002 in Israel and has since relocated its headquarters to Kolkata, India. The company focuses on enabling multimillion-dollar transactions in global trade finance and collecting and analyzing data from various sources. The company specializes in several sectors, including online solutions, mobile solutions, and e-commerce solutions. Its goal is to offer high-quality solutions that relieve customers in their business environment and bring real added value. The solutions are designed to increase the efficiency of the business process and save costs and time. MICT Inc's business model focuses on selling value-added technologies and software solutions. The company offers its customers a wide range of products and services, including trade finance, ERP systems, e-commerce platforms, and mobile applications. By leveraging the latest technologies and innovative business models, MICT Inc aims to optimize the business processes of its customers and help them achieve their business goals. MICT Inc's products include social and mobile games, financial and corporate applications, as well as trade and health applications. The company has also specialized in developing solutions for mobile payments and the mobile banking and finance industry. The company's most well-known products include the mobile payment service "Mobicash" and the e-commerce platform "Holy Panda". MICT Inc is divided into several divisions. One of these is the Capital Markets Solutions segment. Here, the company offers its customers various solutions in the field of trade finance and capital markets. The products include a range of financial services, such as trade finance, financial systems, and trading platforms. MICT Inc's trade finance solution aims to simplify business processes and automate time-consuming and laborious financing processes. Another pillar of the company is the data-based contextualization segment. Here, the company aims to collect data from various sources and contextualize it to generate knowledge and help customers make better decisions. The company uses modern technologies such as data analytics, machine learning, and artificial intelligence for this purpose. MICT Inc also has a presence in the cybersecurity industry. Through its subsidiary ParagonEX, the company has developed a comprehensive portfolio of security solutions that ensure the security of sensitive data and information. The company offers its customers various security solutions on all major platforms, including desktop systems, mobile devices, and cloud solutions. Overall, MICT Inc is a trusted and innovative partner in the technology industry, focusing on providing solutions that secure the long-term success of its customers' businesses. Through close collaboration with customers worldwide, the company has established itself as an expert in trade finance, e-commerce solutions, and mobile payment services, and is on the path to a successful future. Tingo Group is one of the most popular companies on Eulerpool.

ROA Details

Understanding Tingo Group's Return on Assets (ROA)

Tingo Group'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 Tingo Group'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 Tingo Group'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 Tingo Group’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 Tingo Group stock

Return on Assets (ROA) of Tingo Group is -2.80 % in 2022.

Return on Assets (ROA) of Tingo Group changed from -20.49 % to -2.80 %, representing a -86.34% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Tingo Group 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 Tingo Group 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 — Tingo Group

All Key Metrics — Tingo Group