Rapid Line Inc. Annual Return On Assets in % from 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
Rapid Line Inc. quarterly/annual Return On Assets history and growth rate from 2022 to 2024.
  • Rapid Line Inc. Return On Assets for the quarter ending July 31, 2025 was 211 %.
  • Rapid Line Inc. annual Return On Assets for 2024 was -93.3 %, a 20.5% increase from 2023.
  • Rapid Line Inc. annual Return On Assets for 2023 was -117 %, a 148% decline from 2022.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 -93.3 +24.1 +20.5% Feb 1, 2024 Jan 31, 2025
2023 -117 -70.1 -148% Feb 1, 2023 Jan 31, 2024
2022 -47.3 Feb 1, 2022 Jan 31, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.