Axil Brands, Inc. Annual Return On Assets in % from 2019 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
Axil Brands, Inc. quarterly/annual Return On Assets history and growth rate from 2019 to 2023.
  • Axil Brands, Inc. Return On Assets for the quarter ending August 31, 2024 was 14.4 %, a 19.2% decline year-over-year.
  • Axil Brands, Inc. annual Return On Assets for 2023 was 22 %, a 88.4% decline from 2022.
  • Axil Brands, Inc. annual Return On Assets for 2022 was 189 %.
  • Axil Brands, Inc. annual Return On Assets for 2021 was -14.9 %, a 56.6% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 22 -167 -88.4% Jun 1, 2023 May 31, 2024
2022 189 +204 Jun 1, 2022 May 31, 2023
2021 -14.9 +19.5 +56.6% Jun 1, 2021 May 31, 2022
2020 -34.4 -11.6 -50.7% Jun 1, 2020 May 31, 2021
2019 -22.8 Jun 1, 2019 May 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.