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GROWLIFE, INC. (PHOT) Return on Assets (2016 - 2023)

Growlife (PHOT) has disclosed Return on Assets for 11 consecutive years, with 12.8% as the latest value for Q2 2023.

  • On a quarterly basis, Return on Assets fell 1061.0% to 12.8% in Q2 2023 year-over-year; TTM through Jun 2023 was 12.8%, a 1061.0% decrease, with the full-year FY2022 number at 0.89%, down 89.0% from a year prior.
  • Return on Assets was 12.8% for Q2 2023 at Growlife, down from 8.71% in the prior quarter.
  • In the past five years, Return on Assets ranged from a high of 0.3% in Q2 2021 to a low of 12.8% in Q2 2023.
  • A 5-year average of 2.3% and a median of 1.21% in 2019 define the central range for Return on Assets.
  • Peak YoY movement for Return on Assets: skyrocketed 299bps in 2019, then crashed -1061bps in 2023.
  • Growlife's Return on Assets stood at 1.22% in 2019, then soared by 59bps to 0.51% in 2020, then crashed by -204bps to 1.54% in 2021, then crashed by -96bps to 3.03% in 2022, then tumbled by -322bps to 12.8% in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Return on Assets are 12.8% (Q2 2023), 8.71% (Q1 2023), and 3.03% (Q4 2022).