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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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NeoVolta Inc. quarterly/annual Return On Assets history and growth rate from 2023 to 2024.
- NeoVolta Inc. Return On Assets for the quarter ending September 30, 2024 was -57.8 %, a 62.8% decline year-over-year.
- NeoVolta Inc. annual Return On Assets for 2024 was -42.5 %, a 14.2% decline from 2023.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)