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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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Local Bounti Corporation/DE quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
- Local Bounti Corporation/DE Return On Assets for the quarter ending September 30, 2024 was -35.9 %, a 39.1% decline year-over-year.
- Local Bounti Corporation/DE annual Return On Assets for 2023 was -34.9 %, a 26.8% increase from 2022.
- Local Bounti Corporation/DE annual Return On Assets for 2022 was -47.7 %, a 107% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)