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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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Grom Social Enterprises, Inc. quarterly/annual Return On Assets history and growth rate from Q3 2016 to Q1 2024.
- Grom Social Enterprises, Inc. Return On Assets for the quarter ending March 31, 2024 was -70.4 %, a 37% decline year-over-year.
- Grom Social Enterprises, Inc. annual Return On Assets for 2023 was -57.6 %, a 15.1% decline from 2022.
- Grom Social Enterprises, Inc. annual Return On Assets for 2022 was -50.1 %, a 37.2% decline from 2021.
- Grom Social Enterprises, Inc. annual Return On Assets for 2021 was -36.5 %, a 13.4% decline from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)