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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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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 (%)