SOLITRON DEVICES INC Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
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 (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.