Independence Contract Drilling, Inc. Annual Return On Assets in % from 2015 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
Independence Contract Drilling, Inc. quarterly/annual Return On Assets history and growth rate from 2015 to 2023.
  • Independence Contract Drilling, Inc. Return On Assets for the quarter ending September 30, 2024 was -18.6 %, a 847% decline year-over-year.
  • Independence Contract Drilling, Inc. annual Return On Assets for 2023 was -9.11 %, a 42.9% increase from 2022.
  • Independence Contract Drilling, Inc. annual Return On Assets for 2022 was -15.9 %, a 5.46% increase from 2021.
  • Independence Contract Drilling, Inc. annual Return On Assets for 2021 was -16.9 %, a 20.4% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -9.11 +6.83 +42.9% Jan 1, 2023 Dec 31, 2023
2022 -15.9 +0.92 +5.46% Jan 1, 2022 Dec 31, 2022
2021 -16.9 +4.32 +20.4% Jan 1, 2021 Dec 31, 2021
2020 -21.2 -10.1 -90.7% Jan 1, 2020 Dec 31, 2020
2019 -11.1 -5.82 -110% Jan 1, 2019 Dec 31, 2019
2018 -5.28 +2.7 +33.8% Jan 1, 2018 Dec 31, 2018
2017 -7.98 -0.7 -9.62% Jan 1, 2017 Dec 31, 2017
2016 -7.28 -4.78 -191% Jan 1, 2016 Dec 31, 2016
2015 -2.5 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.