ARTELO BIOSCIENCES, INC. Annual Return On Assets in % from 2016 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
Artelo Biosciences, Inc. quarterly/annual Return On Assets history and growth rate from 2016 to 2023.
  • Artelo Biosciences, Inc. Return On Assets for the quarter ending June 30, 2024 was -88.4 %, a 83.2% decline year-over-year.
  • Artelo Biosciences, Inc. annual Return On Assets for 2023 was -58.2 %, a 35.5% decline from 2022.
  • Artelo Biosciences, Inc. annual Return On Assets for 2022 was -42.9 %, a 23.9% increase from 2021.
  • Artelo Biosciences, Inc. annual Return On Assets for 2021 was -56.4 %, a 46.7% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -58.2 -15.2 -35.5% Jan 1, 2023 Dec 31, 2023
2022 -42.9 +13.5 +23.9% Jan 1, 2022 Dec 31, 2022
2021 -56.4 +49.5 +46.7% Jan 1, 2021 Dec 31, 2021
2020 -106 -1.11 -1.06% Sep 1, 2019 Aug 31, 2020
2019 -105 +425 +80.2% Sep 1, 2018 Aug 31, 2019
2018 -530 -508 -2384% Sep 1, 2017 Aug 31, 2018
2017 -21.3 -20.5 -2547% Sep 1, 2016 Aug 31, 2017
2016 -0.81 Sep 1, 2015 Aug 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.