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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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Altex Industries Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Altex Industries Inc Return On Assets for the quarter ending June 30, 2024 was 18.3 %, a 124% increase year-over-year.
- Altex Industries Inc annual Return On Assets for 2023 was -5.5 %, a 143% decline from 2022.
- Altex Industries Inc annual Return On Assets for 2022 was 12.8 %.
- Altex Industries Inc annual Return On Assets for 2021 was -3.68 %, a 34.8% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)