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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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Summit Networks Inc. quarterly/annual Return On Assets history and growth rate from 2015 to 2023.
- Summit Networks Inc. Return On Assets for the quarter ending June 30, 2024 was -6.92 %, a 88.3% increase year-over-year.
- Summit Networks Inc. annual Return On Assets for 2023 was 14.9 %.
- Summit Networks Inc. annual Return On Assets for 2022 was -352 %.
- Summit Networks Inc. annual Return On Assets for 2018 was -493 %, a 410% decline from 2017.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)