As of June 17, 2025, Digipath Inc (DIGP) reports a ROA (Return on Assets) of 17.51%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Digipath Inc's ROA (Return on Assets)
Over recent years, Digipath Inc's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2023-09-30 | 17.51% |
| 2022-09-30 | -153.53% |
| 2021-09-30 | -36.36% |
| 2020-09-30 | -129.14% |
| 2019-09-30 | -133.14% |
This slight downward trend highlights how Digipath Inc manages its efficiency in using assets to generate earnings over time.
Comparing Digipath Inc's ROA (Return on Assets) to Peers
To better understand Digipath 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) |
|---|---|
| Digipath Inc (DIGP) | 17.51% |
| Iconic Labs PLC (ICON.L) | 300.67% |
| National Research Corp (NRC) | 18.70% |
| PHSC PLC (PHSC.L) | 6.02% |
| SK3 Group Inc (SKTO) | 1.65% |
| CynergisTek Inc (CTEK) | -7.78% |
Compared to its competitors, Digipath Inc's ROA (Return on Assets) is among the highest compared to peers, demonstrating superior efficiency in generating earnings from assets.