-
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
-
Ribbon Communications Inc. quarterly/annual Return On Assets history and growth rate from Q4 2018 to Q2 2024.
- Ribbon Communications Inc. Return On Assets for the quarter ending June 30, 2024 was -4.82 %, a 1.05% decline year-over-year.
- Ribbon Communications Inc. annual Return On Assets for 2023 was -5.73 %, a 27.4% increase from 2022.
- Ribbon Communications Inc. annual Return On Assets for 2022 was -7.89 %, a 37.2% increase from 2021.
- Ribbon Communications Inc. annual Return On Assets for 2021 was -12.6 %, a 307% decline from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)