Superior Drilling Products, 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
Superior Drilling Products, Inc. quarterly/annual Return On Assets history and growth rate from 2015 to 2023.
  • Superior Drilling Products, Inc. Return On Assets for the quarter ending March 31, 2024 was 16.9 %, a 23.9% increase year-over-year.
  • Superior Drilling Products, Inc. annual Return On Assets for 2023 was 32.8 %, a 412% increase from 2022.
  • Superior Drilling Products, Inc. annual Return On Assets for 2022 was 6.4 %.
  • Superior Drilling Products, Inc. annual Return On Assets for 2021 was -3.92 %, a 83.3% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 32.8 +26.4 +412% Jan 1, 2023 Dec 31, 2023
2022 6.4 +10.3 Jan 1, 2022 Dec 31, 2022
2021 -3.92 +19.5 +83.3% Jan 1, 2021 Dec 31, 2021
2020 -23.4 -18.4 -364% Jan 1, 2020 Dec 31, 2020
2019 -5.05 -4.77 -1669% Jan 1, 2019 Dec 31, 2019
2018 -0.29 +26.9 +99% Jan 1, 2018 Dec 31, 2018
2017 -27.2 -1.49 -5.79% Jan 1, 2017 Dec 31, 2017
2016 -25.7 +4.19 +14% Jan 1, 2016 Dec 31, 2016
2015 -29.9 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.