Lantern Pharma Inc. Annual Return On Assets in % from 2021 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
Lantern Pharma Inc. quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
  • Lantern Pharma Inc. Return On Assets for the quarter ending September 30, 2024 was -51.2 %, a 80.2% decline year-over-year.
  • Lantern Pharma Inc. annual Return On Assets for 2023 was -32.2 %, a 44.4% decline from 2022.
  • Lantern Pharma Inc. annual Return On Assets for 2022 was -22.3 %, a 42.8% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -32.2 -9.89 -44.4% Jan 1, 2023 Dec 31, 2023
2022 -22.3 -6.68 -42.8% Jan 1, 2022 Dec 31, 2022
2021 -15.6 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.