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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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Omnitek Engineering Corp quarterly/annual Return On Assets history and growth rate from Q1 2012 to Q3 2024.
- Omnitek Engineering Corp Return On Assets for the quarter ending September 30, 2024 was -28.8 %, a 67.4% decline year-over-year.
- Omnitek Engineering Corp annual Return On Assets for 2023 was -22.8 %, a 42.1% decline from 2022.
- Omnitek Engineering Corp annual Return On Assets for 2022 was -16.1 %, a 1192% decline from 2021.
- Omnitek Engineering Corp annual Return On Assets for 2021 was 1.47 %.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)