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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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Laredo Oil, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2022.
- Laredo Oil, Inc. Return On Assets for the quarter ending August 31, 2024 was -44.8 %.
- Laredo Oil, Inc. annual Return On Assets for 2022 was -85.6 %, a 2211% decline from 2021.
- Laredo Oil, Inc. annual Return On Assets for 2021 was -3.71 %, a 91.8% increase from 2020.
- Laredo Oil, Inc. annual Return On Assets for 2020 was -45.3 %, a 23.3% decline from 2019.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)