As of June 10, 2025, Cannagistics Inc (CNGT) reports a ROA (Return on Assets) of -38547.77%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Cannagistics Inc's ROA (Return on Assets)
Over recent years, Cannagistics Inc's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2021-07-31 | -38547.77% |
| 2020-07-31 | -4562.85% |
| 2019-07-31 | -1160.12% |
| 2018-07-31 | -96.47% |
| 2017-07-31 | -5531.58% |
This slight downward trend highlights how Cannagistics Inc manages its efficiency in using assets to generate earnings over time.
Comparing Cannagistics Inc's ROA (Return on Assets) to Peers
To better understand Cannagistics Inc's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Cannagistics Inc (CNGT) | -38547.77% |
| Expeditors International of Washington Inc (EXPD) | 17.04% |
| DX (Group) PLC (DX.L) | 9.05% |
| CH Robinson Worldwide Inc (CHRW) | 8.79% |
| United Parcel Service Inc (UPS) | 8.25% |
| Clasquin SA (ALCLA.PA) | 7.30% |
Compared to its competitors, Cannagistics Inc's ROA (Return on Assets) is lower than all peers, suggesting potential inefficiency in asset utilization.