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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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New Concept Energy, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- New Concept Energy, Inc. Return On Assets for the quarter ending September 30, 2024 was -0.82 %, a 233% decline year-over-year.
- New Concept Energy, Inc. annual Return On Assets for 2023 was -0.45 %, a 112% decline from 2022.
- New Concept Energy, Inc. annual Return On Assets for 2022 was 3.95 %, a 160% increase from 2021.
- New Concept Energy, Inc. annual Return On Assets for 2021 was 1.52 %, a 96% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)