TEL INSTRUMENT ELECTRONICS CORP 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
Tel Instrument Electronics Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Tel Instrument Electronics Corp Return On Assets for the quarter ending September 30, 2024 was -2.75 %, a 313% decline year-over-year.
  • Tel Instrument Electronics Corp annual Return On Assets for 2023 was 2.27 %.
  • Tel Instrument Electronics Corp annual Return On Assets for 2022 was -2.45 %, a 127% decline from 2021.
  • Tel Instrument Electronics Corp annual Return On Assets for 2021 was 9.2 %, a 62.5% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 2.27 +4.72 Apr 1, 2023 Mar 31, 2024
2022 -2.45 -11.7 -127% Apr 1, 2022 Mar 31, 2023
2021 9.2 +3.54 +62.5% Apr 1, 2021 Mar 31, 2022
2020 5.66 -55.5 -90.8% Apr 1, 2020 Mar 31, 2021
2019 61.2 +58.3 +2048% Apr 1, 2019 Mar 31, 2020
2018 2.85 +52.3 Apr 1, 2018 Mar 31, 2019
2017 -49.4 -2.23 -4.72% Apr 1, 2017 Mar 31, 2018
2016 -47.2 -57.2 -571% Apr 1, 2016 Mar 31, 2017
2015 10 +12.6 Apr 1, 2015 Mar 31, 2016
2014 -2.59 -4.62 -227% Apr 1, 2014 Mar 31, 2015
2013 2.04 +27.7 Apr 1, 2013 Mar 31, 2014
2012 -25.7 Apr 1, 2012 Mar 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.