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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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Polar Power, Inc. quarterly/annual Return On Assets history and growth rate from Q3 2017 to Q2 2024.
- Polar Power, Inc. Return On Assets for the quarter ending June 30, 2024 was -26.6 %, a 33.6% decline year-over-year.
- Polar Power, Inc. annual Return On Assets for 2023 was -23.9 %, a 10% decline from 2022.
- Polar Power, Inc. annual Return On Assets for 2022 was -21.7 %, a 326% decline from 2021.
- Polar Power, Inc. annual Return On Assets for 2021 was -5.1 %, a 90% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)