SYNTEC OPTICS HOLDINGS, 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
Syntec Optics Holdings, Inc. quarterly/annual Return On Assets history and growth rate from 2022 to 2023.
  • Syntec Optics Holdings, Inc. Return On Assets for the quarter ending September 30, 2024 was 0.23 %, a 97.5% decline year-over-year.
  • Syntec Optics Holdings, Inc. annual Return On Assets for 2023 was 11.2 %.
Return On Assets, Annual (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.2 +11.6 Jan 1, 2023 Dec 31, 2023
2022 -0.37 Jan 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.