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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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SMG Industries Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2022.
- SMG Industries Inc. Return On Assets for the quarter ending September 30, 2023 was -23.5 %, a 49.9% increase year-over-year.
- SMG Industries Inc. annual Return On Assets for 2022 was -44.1 %, a 17% decline from 2021.
- SMG Industries Inc. annual Return On Assets for 2021 was -37.7 %, a 22.7% increase from 2020.
- SMG Industries Inc. annual Return On Assets for 2020 was -48.8 %, a 20.4% increase from 2019.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)