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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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Socket Mobile, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Socket Mobile, Inc. Return On Assets for the quarter ending September 30, 2024 was -4.84 %, a 40.9% increase year-over-year.
- Socket Mobile, Inc. annual Return On Assets for 2023 was -6.78 %, a 2313% decline from 2022.
- Socket Mobile, Inc. annual Return On Assets for 2022 was 0.31 %, a 98.4% decline from 2021.
- Socket Mobile, Inc. annual Return On Assets for 2021 was 19.3 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)