Alphabet Financial Statements Trends

GOOG -- USA Stock  

USD 1,189  4.41  0.37%

This module enables investors to look at Alphabet various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as , but also many exotic indicators such as . This module is a perfect complement to use when analyzing Alphabet Valuation or Volatility. It can also complement various Alphabet Technical models. Please also check analysis of Alphabet Correlation with competitors.

Return On Asset Analysis

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Alphabet 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
 = 
9.65 %

About Return On Asset

Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition
Based on latest financial disclosure Alphabet has Return On Asset of 9.65%. This is 146.04% lower than that of the Technology sector, and significantly higher than that of Search Cloud And Integrated IT Services industry, The Return On Asset for all stocks is 161.7% lower than the firm.

Alphabet Fundamental Drivers Relationships

Alphabet is rated # 4 in return on asset category among related companies. It is rated below average in price to book category among related companies fabricating about  0.53  of Price to Book per Return On Asset. The ratio of Return On Asset to Price to Book for Alphabet is roughly  1.89 

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Please also check analysis of Alphabet Correlation with competitors. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.