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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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Nova Lifestyle, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Nova Lifestyle, Inc. Return On Assets for the quarter ending June 30, 2024 was -120 %, a 25.3% decline year-over-year.
- Nova Lifestyle, Inc. annual Return On Assets for 2023 was -89.2 %, a 8.57% decline from 2022.
- Nova Lifestyle, Inc. annual Return On Assets for 2022 was -82.2 %, a 57.6% decline from 2021.
- Nova Lifestyle, Inc. annual Return On Assets for 2021 was -52.2 %, a 24.7% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)