Omnitek Engineering Corp Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Omnitek Engineering Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -22.8 -6.77 -42.1% Jan 1, 2023 Dec 31, 2023
2022 -16.1 -17.6 -1192% Jan 1, 2022 Dec 31, 2022
2021 1.47 +47.4 Jan 1, 2021 Dec 31, 2021
2020 -46 +8.2 +15.1% Jan 1, 2020 Dec 31, 2020
2019 -54.2 -23.7 -77.9% Jan 1, 2019 Dec 31, 2019
2018 -30.5 +22.7 +42.7% Jan 1, 2018 Dec 31, 2018
2017 -53.1 -11.6 -28% Jan 1, 2017 Dec 31, 2017
2016 -41.5 -4.4 -11.9% Jan 1, 2016 Dec 31, 2016
2015 -37.1 +13.4 +26.6% Jan 1, 2015 Dec 31, 2015
2014 -50.6 +19.2 +27.5% Jan 1, 2014 Dec 31, 2014
2013 -69.8 -41 -143% Jan 1, 2013 Dec 31, 2013
2012 -28.8 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.