Polar Power, Inc. Annual Return On Assets in % from 2017 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
Polar Power, Inc. quarterly/annual Return On Assets history and growth rate from 2017 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -23.9 -2.17 -10% Jan 1, 2023 Dec 31, 2023
2022 -21.7 -16.6 -326% Jan 1, 2022 Dec 31, 2022
2021 -5.1 +46.1 +90% Jan 1, 2021 Dec 31, 2021
2020 -51.2 -36.7 -252% Jan 1, 2020 Dec 31, 2020
2019 -14.5 -11.1 -324% Jan 1, 2019 Dec 31, 2019
2018 -3.43 -0.46 -15.5% Jan 1, 2018 Dec 31, 2018
2017 -2.97 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.