As of May 29, 2025, Greenwave Technology Solutions Inc (MSRT) reports a ROA (Return on Assets) of -14916.30%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Greenwave Technology Solutions Inc's ROA (Return on Assets)
Over recent years, Greenwave Technology Solutions Inc's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2020-12-31 | -14916.30% |
| 2019-12-31 | -1105450.00% |
| 2018-12-31 | -2814.44% |
| 2017-12-31 | -1724.55% |
| 2016-12-31 | -2491.66% |
This slight downward trend highlights how Greenwave Technology Solutions Inc manages its efficiency in using assets to generate earnings over time.
Comparing Greenwave Technology Solutions Inc's ROA (Return on Assets) to Peers
To better understand Greenwave Technology Solutions 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) |
|---|---|
| Greenwave Technology Solutions Inc (MSRT) | -14916.30% |
| Everything Blockchain Inc (OBTX) | 7.82% |
| Access Power Corp (ACCR) | 1.28% |
| QHSLab Inc (USAQ) | -27.85% |
| Geekco Technologies Corp (GKO.V) | -73.97% |
| Smartt Inc (CRSM) | -95.12% |
Compared to its competitors, Greenwave Technology Solutions Inc's ROA (Return on Assets) is among the lowest compared to peers, suggesting potential inefficiency in asset utilization.