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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Solitron Devices Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Solitron Devices Inc Return On Assets for the quarter ending November 30, 2024 was 26.6 %, a 1145% increase year-over-year.
- Solitron Devices Inc annual Return On Assets for 2023 was 38 %, a 569% increase from 2022.
- Solitron Devices Inc annual Return On Assets for 2022 was 5.68 %, a 85.9% decline from 2021.
- Solitron Devices Inc annual Return On Assets for 2021 was 40.4 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)