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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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Tectonic Financial, Inc. quarterly/annual Return On Assets history and growth rate from 2019 to 2023.
- Tectonic Financial, Inc. Return On Assets for the quarter ending September 30, 2024 was 1.85 %, a 25% decline year-over-year.
- Tectonic Financial, Inc. annual Return On Assets for 2023 was 2.38 %, a 17.6% decline from 2022.
- Tectonic Financial, Inc. annual Return On Assets for 2022 was 2.89 %, a 4.3% decline from 2021.
- Tectonic Financial, Inc. annual Return On Assets for 2021 was 3.02 %, a 36.6% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)