-
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
-
Tourmaline Bio, Inc. quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
- Tourmaline Bio, Inc. Return On Assets for the quarter ending June 30, 2024 was -18.5 %, a 263% decline year-over-year.
- Tourmaline Bio, Inc. annual Return On Assets for 2023 was -24.3 %, a 108% decline from 2022.
- Tourmaline Bio, Inc. annual Return On Assets for 2022 was -11.7 %, a 43.1% increase from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)