BITMINE IMMERSION TECHNOLOGIES, INC. Annual Return On Assets in % from 2022 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
Bitmine Immersion Technologies, Inc. quarterly/annual Return On Assets history and growth rate from 2022 to 2023.
  • Bitmine Immersion Technologies, Inc. Return On Assets for the quarter ending May 31, 2024 was -44.4 %, a 81.9% decline year-over-year.
  • Bitmine Immersion Technologies, Inc. annual Return On Assets for 2023 was -29.9 %, a 39% increase from 2022.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -29.9 +19.1 +39% Sep 1, 2022 Aug 31, 2023
2022 -49 Sep 1, 2021 Aug 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.