Alico Inc

NASDAQ ALCO

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Alico Inc Return on Net Assets (RONA) 1 year YoY Change (%) for the quarter ending March 31, 2024: -88.33%

Alico Inc Return on Net Assets (RONA) 1 year YoY Change (%) is -88.33% for the quarter ending March 31, 2024, a 39.14% change year over year. Return on net assets measures the profitability of a company relative to its net assets, which include total non-current assets and working capital. It is calculated by dividing the net income by the sum of total non-current assets and working capital. This ratio indicates the return generated for each unit of net asset investment made by the company. A higher return on net assets suggests better profitability and efficient utilization of the company's asset base. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Alico Inc Return on Net Assets (RONA) for the quarter ending March 31, 2023 was -1.87%, a -145.13% change year over year.
  • Alico Inc Return on Net Assets (RONA) for the quarter ending March 31, 2022 was 4.15%, a 289.33% change year over year.
  • Alico Inc Return on Net Assets (RONA) for the quarter ending March 31, 2021 was 1.07%, a 68.55% change year over year.
  • Alico Inc Return on Net Assets (RONA) for the quarter ending March 31, 2020 was 0.63%, a -63.09% change year over year.
NASDAQ: ALCO

Alico Inc

CEO Mr. George R. Brokaw
IPO Date May 3, 1973
Location United States
Headquarters 10070 Daniels Interstate Court, Fort Myers, FL, United States, 33913
Employees 194
Sector Consumer Defensive
Industry Farm products
Description

Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus. The Land Management and Other Operations segment is involved in the activities related to native plant sales, grazing and hunting leasing, management, and/or conservation of unimproved native pastureland; and activities related to rock mining royalties and other insignificant lines of business, as well as in the activities related to owning and/or leasing improved farmland. The company was incorporated in 1960 and is based in Fort Myers, Florida.

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StockViz Staff

September 19, 2024

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