-
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
-
Royale Energy, Inc. quarterly/annual Return On Assets history and growth rate from Q3 2018 to Q2 2024.
- Royale Energy, Inc. Return On Assets for the quarter ending June 30, 2024 was -19.3 %, a 1838% decline year-over-year.
- Royale Energy, Inc. annual Return On Assets for 2023 was -14.7 %, a 1105% decline from 2022.
- Royale Energy, Inc. annual Return On Assets for 2022 was -1.22 %, a 97.1% increase from 2021.
- Royale Energy, Inc. annual Return On Assets for 2021 was -41.4 %, a 18.7% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)