Return On Assets of Forza X1, Inc. from 31 Mar 2023 to 30 Sep 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
Forza X1, Inc. quarterly and annual Return On Assets in % history and change rate from 31 Mar 2023 to 30 Sep 2024.
  • Forza X1, Inc. Return On Assets for the quarter ending 30 Sep 2024 was -44%, a 14% decline year-over-year.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Change (%)
Return On Assets, Annual (%)

Forza X1, Inc. Quarterly Return On Assets (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2024 -44% -5.5% -14% 01 Jul 2024 30 Sep 2024
Q2 2024 -41% -1.2% -3% 01 Apr 2024 30 Jun 2024
Q1 2024 -30% +18% +38% 01 Jan 2024 31 Mar 2024
Q4 2023 -36% 01 Oct 2023 31 Dec 2023
Q3 2023 -38% 01 Jul 2023 30 Sep 2023
Q2 2023 -40% 01 Apr 2023 30 Jun 2023
Q1 2023 -48% 01 Jan 2023 31 Mar 2023

Forza X1, Inc. Annual Return On Assets (%)

Period Value YoY Chg Change % Start Date End Date
2023 -36% 01 Jan 2023 31 Dec 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.