FONAR CORP Annual Return On Assets in % from 2022 to 2023
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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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Fonar Corp quarterly/annual Return On Assets history and growth rate from 2022 to 2023.
- Fonar Corp Return On Assets for the quarter ending March 31, 2024 was 5.39 %, a 3.06% increase year-over-year.
- Fonar Corp annual Return On Assets for 2023 was 4.71 %, a 26.4% decline from 2022.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)