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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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Toughbuilt Industries, Inc quarterly/annual Return On Assets history and growth rate from Q2 2019 to Q4 2023.
- Toughbuilt Industries, Inc Return On Assets for the quarter ending December 31, 2023 was -67.1 %, a 43.8% decline year-over-year.
- Toughbuilt Industries, Inc annual Return On Assets for 2023 was -67.1 %, a 43.8% decline from 2022.
- Toughbuilt Industries, Inc annual Return On Assets for 2022 was -46.6 %, a 8.14% increase from 2021.
- Toughbuilt Industries, Inc annual Return On Assets for 2021 was -50.8 %, a 22.2% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)