Veritas Farms, Inc. Annual Return On Assets in % from 2016 to 2022

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
Veritas Farms, Inc. quarterly/annual Return On Assets history and growth rate from 2016 to 2022.
  • Veritas Farms, Inc. Return On Assets for the quarter ending September 30, 2023 was -85.5 %, a 7.65% decline year-over-year.
  • Veritas Farms, Inc. annual Return On Assets for 2022 was -64.9 %, a 0.7% increase from 2021.
  • Veritas Farms, Inc. annual Return On Assets for 2021 was -65.4 %, a 16% decline from 2020.
  • Veritas Farms, Inc. annual Return On Assets for 2020 was -56.4 %, a 33.4% increase from 2019.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -64.9 +0.46 +0.7% Jan 1, 2022 Dec 31, 2022
2021 -65.4 -9.01 -16% Jan 1, 2021 Dec 31, 2021
2020 -56.4 +28.2 +33.4% Jan 1, 2020 Dec 31, 2020
2019 -84.6 -20.5 -31.9% Jan 1, 2019 Dec 31, 2019
2018 -64.1 +22.3 +25.8% Jan 1, 2018 Dec 31, 2018
2017 -86.4 +30.7 +26.2% Jan 1, 2017 Dec 31, 2017
2016 -117 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.