Laser Photonics Corp 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
Laser Photonics Corp quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
  • Laser Photonics Corp Return On Assets for the quarter ending September 30, 2024 was -28.5 %, a 13.8% increase year-over-year.
  • Laser Photonics Corp annual Return On Assets for 2023 was -19.8 %, a 23.9% decline from 2022.
  • Laser Photonics Corp annual Return On Assets for 2022 was -16 %, a 299% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -19.8 -3.81 -23.9% Jan 1, 2023 Dec 31, 2023
2022 -16 -24 -299% Jan 1, 2022 Dec 31, 2022
2021 8.03 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.