Return On Assets in % of AvidXchange Holdings, Inc. from Q2 2022 to 2024

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
AvidXchange Holdings, Inc. quarterly/annual Return On Assets history and change rate from Q2 2022 to 2024.
  • AvidXchange Holdings, Inc. Return On Assets for the quarter ending 30 Jun 2024 was -0.59 %, a 85.8% increase year-over-year.
  • AvidXchange Holdings, Inc. annual Return On Assets for 2024 was 0.39 %.
  • AvidXchange Holdings, Inc. annual Return On Assets for 2023 was -2.19 %, a 56.4% increase from 2022.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Change (%)
Return On Assets, Annual (%)
Return On Assets, YoY Annual Change (%)

AvidXchange Holdings, Inc. Quarterly Return On Assets (%)

Period Value YoY Chg Change % Start Date End Date
Q2 2024 -0.59 +3.58 +85.8% 01 Apr 2024 30 Jun 2024
Q1 2024 -1.47 +3.09 +67.8% 01 Jan 2024 31 Mar 2024
Q4 2023 -2.19 +2.83 +56.4% 01 Oct 2023 31 Dec 2023
Q3 2023 -3.24 +4.06 +55.6% 01 Jul 2023 30 Sep 2023
Q2 2023 -4.17 +4.09 +49.5% 01 Apr 2023 30 Jun 2023
Q1 2023 -4.56 01 Jan 2023 31 Mar 2023
Q4 2022 -5.02 01 Oct 2022 31 Dec 2022
Q3 2022 -7.31 01 Jul 2022 30 Sep 2022
Q2 2022 -8.27 01 Apr 2022 30 Jun 2022

AvidXchange Holdings, Inc. Annual Return On Assets (%)

Period Value YoY Chg Change % Start Date End Date
2024 0.39 +2.58 01 Jan 2024 31 Dec 2024
2023 -2.19 +2.83 +56.4% 01 Jan 2023 31 Dec 2023
2022 -5.02 01 Jan 2022 31 Dec 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.