Marti Technologies Ordinary Shares(Mrt) 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 MRT 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', MRT's return on assets was -37.1%, representing returns generated from total assets. Industry average for Rental/Leasing Companies in '2021' stood at -4.8%.
• In '2022', MRT's return on assets was -35.7%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Rental/Leasing Companies in '2022' stood at 1.3%. Industry average increased by 6.1% compared to previous year.
• In '2023', MRT's return on assets was -83.4%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Rental/Leasing Companies in '2023' stood at -10.8%. Industry average declined by 12.1% from previous year.
• In '2024', MRT's return on assets was -243.9%, representing returns generated from total assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Rental/Leasing Companies in '2024' stood at -44.7%. Industry average declined by 33.9% from previous year.
Overall, MRT's return on assets has been volatile but showed a downward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.