Royale Energy, 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
Royale Energy, Inc. quarterly/annual Return On Assets history and growth rate from 2018 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -14.7 -13.5 -1105% Jan 1, 2023 Dec 31, 2023
2022 -1.22 +40.1 +97.1% Jan 1, 2022 Dec 31, 2022
2021 -41.4 +9.49 +18.7% Jan 1, 2021 Dec 31, 2021
2020 -50.9 -49.2 -3025% Jan 1, 2020 Dec 31, 2020
2019 -1.63 +69.8 +97.7% Jan 1, 2019 Dec 31, 2019
2018 -71.5 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.