Dallasnews(Daln) Financials: Return On Assets Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on assets
This chart shows the historical trend of return on assets for DALN compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Assets (ROA)
Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.
Interpretation:
• In '2021', DALN's return on assets was -0.4%, representing returns generated from total assets. Industry average for Newspapers/Magazines in '2021' stood at -18.4%.
• In '2022', DALN's return on assets was -11.0%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Newspapers/Magazines in '2022' stood at -21.9%. Industry average declined by 3.4% from previous year.
• In '2023', DALN's return on assets was -10.6%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2023' stood at -13.6%. Industry average increased by 8.3% compared to previous year.
• In '2024', DALN's return on assets was 0.2%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Newspapers/Magazines in '2024' stood at -8.7%. Industry average increased by 4.8% compared to previous year.
Overall, DALN's return on assets has been volatile but generally stable over the past 4 years.
Formula: ROA = Net Income / Total Assets
Good Range: Commonly 5%-15%.