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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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Precision Optics Corporation, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2024.
- Precision Optics Corporation, Inc. Return On Assets for the quarter ending September 30, 2024 was -21.7 %, a 796% decline year-over-year.
- Precision Optics Corporation, Inc. annual Return On Assets for 2024 was -16.4 %, a 1958% decline from 2023.
- Precision Optics Corporation, Inc. annual Return On Assets for 2023 was -0.8 %, a 87.6% increase from 2022.
- Precision Optics Corporation, Inc. annual Return On Assets for 2022 was -6.41 %, a 276% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)