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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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Kaival Brands Innovations Group, Inc. quarterly/annual Return On Assets history and growth rate from 2020 to 2023.
- Kaival Brands Innovations Group, Inc. Return On Assets for the quarter ending July 31, 2024 was -45.3 %.
- Kaival Brands Innovations Group, Inc. annual Return On Assets for 2023 was -69.1 %, a 18.6% increase from 2022.
- Kaival Brands Innovations Group, Inc. annual Return On Assets for 2022 was -85 %, a 164% decline from 2021.
- Kaival Brands Innovations Group, Inc. annual Return On Assets for 2021 was -32.2 %, a 150% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)