As of May 27, 2025, Nocopi Technologies Inc (NNUP) reports a ROA (Return on Assets) of -19.24%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Nocopi Technologies Inc's ROA (Return on Assets)
Over recent years, Nocopi Technologies Inc's ROA (Return on Assets) has shown significant volatility. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2024-12-31 | -19.24% |
| 2023-12-31 | -10.26% |
| 2022-12-31 | 18.81% |
| 2021-12-31 | 1.32% |
| 2020-12-31 | 13.18% |
This slight downward trend highlights how Nocopi Technologies Inc manages its efficiency in using assets to generate earnings over time.
Comparing Nocopi Technologies Inc's ROA (Return on Assets) to Peers
To better understand Nocopi Technologies 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) |
|---|---|
| Nocopi Technologies Inc (NNUP) | -19.24% |
| C-Bond Systems Inc (CBNT) | 83.03% |
| Flotek Industries Inc (FTK) | 6.15% |
| Northern Technologies International Corp (NTIC) | 5.71% |
| Flexible Solutions International Inc (FSI) | 5.07% |
| SIPP International Industries Inc (SIPN) | 1.67% |
Compared to its competitors, Nocopi Technologies Inc's ROA (Return on Assets) is about average compared to peers, indicating typical asset efficiency for the industry.