FONAR CORP Annual Return On Assets in % from 2022 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
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.71 -1.69 -26.4% Jul 1, 2022 Jun 30, 2023
2022 6.4 Jul 1, 2021 Jun 30, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.