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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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Formation Minerals, Inc. annual/quarterly Return On Assets history and growth rate from Q3 2022 to Q3 2023.
- Formation Minerals, Inc. Return On Assets for the quarter ending October 31, 2023 was -2.46K %, a 746% decline year-over-year.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)