Lipocine Inc. Annual Return On Assets in % from 2013 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
Lipocine Inc. quarterly/annual Return On Assets history and growth rate from 2013 to 2023.
  • Lipocine Inc. Return On Assets for the quarter ending September 30, 2024 was -17.6 %, a 65.8% increase year-over-year.
  • Lipocine Inc. annual Return On Assets for 2023 was -58.3 %, a 126% decline from 2022.
  • Lipocine Inc. annual Return On Assets for 2022 was -25.8 %, a 1838% decline from 2021.
  • Lipocine Inc. annual Return On Assets for 2021 was -1.33 %, a 98.5% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -58.3 -32.5 -126% Jan 1, 2023 Dec 31, 2023
2022 -25.8 -24.5 -1838% Jan 1, 2022 Dec 31, 2022
2021 -1.33 +87.3 +98.5% Jan 1, 2021 Dec 31, 2021
2020 -88.7 -23.4 -35.8% Jan 1, 2020 Dec 31, 2020
2019 -65.3 -18.9 -40.8% Jan 1, 2019 Dec 31, 2019
2018 -46.4 +32.2 +40.9% Jan 1, 2018 Dec 31, 2018
2017 -78.6 -19.7 -33.5% Jan 1, 2017 Dec 31, 2017
2016 -58.8 -16.6 -39.4% Jan 1, 2016 Dec 31, 2016
2015 -42.2 +17 +28.8% Jan 1, 2015 Dec 31, 2015
2014 -59.2 -8.36 -16.4% Jan 1, 2014 Dec 31, 2014
2013 -50.9 Jan 1, 2013 Dec 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.