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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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Innovative Medtech, Inc. quarterly/annual Return On Assets history and growth rate from Q1 2022 to Q1 2024.
- Innovative Medtech, Inc. Return On Assets for the quarter ending March 31, 2024 was -47.4 %, a 89.3% increase year-over-year.
- Innovative Medtech, Inc. annual Return On Assets for 2023 was -80.8 %, a 78.2% increase from 2022.
- Innovative Medtech, Inc. annual Return On Assets for 2022 was -370 %.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)