Summit Networks 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
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 14.9 +367 Oct 1, 2022 Sep 30, 2023
2022 -352 Oct 1, 2021 Sep 30, 2022
2018 -493 -396 -410% Aug 1, 2017 Jul 31, 2018
2017 -96.6 -45.5 -89.1% Aug 1, 2016 Jul 31, 2017
2016 -51.1 +14.4 +22% Aug 1, 2015 Jul 31, 2016
2015 -65.5 Aug 1, 2014 Jul 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.