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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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Bannix Acquisition Corp. quarterly/annual Return On Assets history and growth rate from Q1 2022 to Q2 2024.
- Bannix Acquisition Corp. Return On Assets for the quarter ending June 30, 2024 was -0.76 %, a 266% decline year-over-year.
- Bannix Acquisition Corp. annual Return On Assets for 2023 was -0.18 %, a 374% decline from 2022.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)