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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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Inrad Optics, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Inrad Optics, Inc. Return On Assets for the quarter ending March 31, 2024 was 31.7 %, a 1292% increase year-over-year.
- Inrad Optics, Inc. annual Return On Assets for 2023 was 25.7 %, a 1338% increase from 2022.
- Inrad Optics, Inc. annual Return On Assets for 2022 was 1.79 %, a 92.6% decline from 2021.
- Inrad Optics, Inc. annual Return On Assets for 2021 was 24.1 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)