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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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Nocopi Technologies Inc/Md/ quarterly/annual Return On Assets history and growth rate from 2015 to 2023.
- Nocopi Technologies Inc/Md/ Return On Assets for the quarter ending September 30, 2024 was -24.1 %, a 248% decline year-over-year.
- Nocopi Technologies Inc/Md/ annual Return On Assets for 2023 was -12.1 %, a 139% decline from 2022.
- Nocopi Technologies Inc/Md/ annual Return On Assets for 2022 was 30.6 %, a 2343% increase from 2021.
- Nocopi Technologies Inc/Md/ annual Return On Assets for 2021 was 1.25 %, a 91% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)