Paranovus Entertainment Technology annual return on assets (roa)
2019
2020
2021
2022
2023
2024
2025
2026
Paranovus Entertainment Technology Return on Assets (ROA) Growth & History (PAVS)
Paranovus Entertainment Technology's return on assets (roa) was −35.16% for fiscal 2026.
View full Paranovus Entertainment Technology company overviewParanovus Entertainment Technology annual return on assets (roa) history
| Fiscal year | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | −35.16% | +1.30 pp |
| 2025 | 2025-03-31 | −36.46% | +9.49 pp |
| 2024 | 2024-03-31 | −45.96% | +61.30 pp |
| 2023 | 2023-03-31 | −107.26% | −60.82 pp |
| 2022 | 2022-03-31 | −46.44% | −47.23 pp |
| 2021 | 2021-03-31 | 0.79% | −16.04 pp |
| 2020 | 2020-03-31 | 16.83% | −14.62 pp |
| 2019 | 2019-03-31 | 31.45% | — |
Paranovus Entertainment Technology return on assets (roa) trends
Over the last five fiscal years, Paranovus Entertainment Technology's return on assets (roa) decreased from 0.79% to −35.16%, a change of −35.96 percentage points.
About the metric
What return on assets means
Return on assets measures profit relative to the assets used to generate it. It can help compare operating efficiency over time, although normal ROA differs substantially between asset-light and asset-intensive industries.
Calculation and source
How return on assets is calculated
TickerStat calculates annual ROA as reported net income divided by average total assets. Quarterly observations use trailing-12-month net income and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Paranovus Entertainment Technology source filings ↗