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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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Surge Components Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Surge Components Inc Return On Assets for the quarter ending August 31, 2024 was 2 %, a 75.6% decline year-over-year.
- Surge Components Inc annual Return On Assets for 2023 was 3.93 %, a 74.4% decline from 2022.
- Surge Components Inc annual Return On Assets for 2022 was 15.3 %, a 20.5% increase from 2021.
- Surge Components Inc annual Return On Assets for 2021 was 12.7 %, a 29.2% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)