Inrad Optics, Inc. 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
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 25.7 +23.9 +1338% Jan 1, 2023 Dec 31, 2023
2022 1.79 -22.3 -92.6% Jan 1, 2022 Dec 31, 2022
2021 24.1 +36.2 Jan 1, 2021 Dec 31, 2021
2020 -12 -1.15 -10.6% Jan 1, 2020 Dec 31, 2020
2019 -10.9 -21.6 -202% Jan 1, 2019 Dec 31, 2019
2018 10.7 +21 Jan 1, 2018 Dec 31, 2018
2017 -10.3 -1.18 -12.9% Jan 1, 2017 Dec 31, 2017
2016 -9.11 -2.61 -40.1% Jan 1, 2016 Dec 31, 2016
2015 -6.5 +24.4 +78.9% Jan 1, 2015 Dec 31, 2015
2014 -30.9 -15.2 -97.4% Jan 1, 2014 Dec 31, 2014
2013 -15.6 -3.54 -29.3% Jan 1, 2013 Dec 31, 2013
2012 -12.1 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.