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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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Abraxas Petroleum Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2022.
- Abraxas Petroleum Corp Return On Assets for the quarter ending December 31, 2022 was 46.3 %.
- Abraxas Petroleum Corp annual Return On Assets for 2022 was 46.3 %.
- Abraxas Petroleum Corp annual Return On Assets for 2021 was -33.1 %, a 52.3% increase from 2020.
- Abraxas Petroleum Corp annual Return On Assets for 2020 was -69.3 %, a 335% decline from 2019.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)