Co-Diagnostics, Inc. Annual Return On Assets in % from 2018 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
Co-Diagnostics, Inc. quarterly/annual Return On Assets history and growth rate from 2018 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -32.6 -23.1 -245% Jan 1, 2023 Dec 31, 2023
2022 -9.45 -42.8 -128% Jan 1, 2022 Dec 31, 2022
2021 33.4 -58.4 -63.6% Jan 1, 2021 Dec 31, 2021
2020 91.8 +234 Jan 1, 2020 Dec 31, 2020
2019 -142 +120 +45.9% Jan 1, 2019 Dec 31, 2019
2018 -262 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.