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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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Genco Shipping & Trading Ltd quarterly/annual Return On Assets history and growth rate from Q1 2011 to Q3 2024.
- Genco Shipping & Trading Ltd Return On Assets for the quarter ending September 30, 2024 was 6.3 %, a 559% increase year-over-year.
- Genco Shipping & Trading Ltd annual Return On Assets for 2023 was -1.14 %, a 108% decline from 2022.
- Genco Shipping & Trading Ltd annual Return On Assets for 2022 was 13.4 %, a 12.7% decline from 2021.
- Genco Shipping & Trading Ltd annual Return On Assets for 2021 was 15.4 %.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)