Forte Biosciences, Inc. Annual Return On Assets in % from 2017 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
Forte Biosciences, Inc. quarterly/annual Return On Assets history and growth rate from 2017 to 2023.
  • Forte Biosciences, Inc. Return On Assets for the quarter ending June 30, 2024 was -98.7 %, a 59.8% decline year-over-year.
  • Forte Biosciences, Inc. annual Return On Assets for 2023 was -81.4 %, a 146% decline from 2022.
  • Forte Biosciences, Inc. annual Return On Assets for 2022 was -33 %, a 23.7% increase from 2021.
  • Forte Biosciences, Inc. annual Return On Assets for 2021 was -43.3 %, a 69.5% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -81.4 -48.3 -146% Jan 1, 2023 Dec 31, 2023
2022 -33 +10.3 +23.7% Jan 1, 2022 Dec 31, 2022
2021 -43.3 +98.8 +69.5% Jan 1, 2021 Dec 31, 2021
2020 -142 -136 -2155% Jan 1, 2020 Dec 31, 2020
2019 -6.3 +48.2 +88.4% Jan 1, 2019 Dec 31, 2019
2018 -54.5 -8.58 -18.7% Jan 1, 2018 Dec 31, 2018
2017 -45.9 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.