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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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Co-Diagnostics, Inc. quarterly/annual Return On Assets history and growth rate from Q1 2018 to Q3 2024.
- Co-Diagnostics, Inc. Return On Assets for the quarter ending September 30, 2024 was -49.3 %, a 33.6% decline year-over-year.
- Co-Diagnostics, Inc. annual Return On Assets for 2023 was -32.6 %, a 245% decline from 2022.
- Co-Diagnostics, Inc. annual Return On Assets for 2022 was -9.45 %, a 128% decline from 2021.
- Co-Diagnostics, Inc. annual Return On Assets for 2021 was 33.4 %, a 63.6% decline from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)