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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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Insteel Industries Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Insteel Industries Inc Return On Assets for the quarter ending June 29, 2024 was 4.91 %, a 57.5% decline year-over-year.
- Insteel Industries Inc annual Return On Assets for 2023 was 7.43 %, a 74.1% decline from 2022.
- Insteel Industries Inc annual Return On Assets for 2022 was 28.7 %, a 51.8% increase from 2021.
- Insteel Industries Inc annual Return On Assets for 2021 was 18.9 %, a 223% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)