Growth Metrics

Right On Brands, Inc. (RTON) Return on Assets (2016 - 2023)

Right On Brands' Return on Assets history spans 8 years, with the latest figure at 1.9% for Q4 2023.

  • For Q4 2023, Return on Assets fell 206.0% year-over-year to 1.9%; the TTM value through Dec 2023 reached 1.9%, down 206.0%, while the annual FY2023 figure was 0.04%, 113.0% up from the prior year.
  • Return on Assets for Q4 2023 was 1.9% at Right On Brands, down from 1.15% in the prior quarter.
  • Across five years, Return on Assets topped out at 0.24% in Q2 2022 and bottomed at 66.17% in Q4 2020.
  • The 5-year median for Return on Assets is 5.35% (2021), against an average of 11.82%.
  • The largest annual shift saw Return on Assets tumbled -5481bps in 2020 before it surged 6022bps in 2021.
  • A 5-year view of Return on Assets shows it stood at 11.36% in 2019, then tumbled by -482bps to 66.17% in 2020, then skyrocketed by 91bps to 5.95% in 2021, then soared by 103bps to 0.16% in 2022, then tumbled by -1270bps to 1.9% in 2023.
  • Per Business Quant, the three most recent readings for RTON's Return on Assets are 1.9% (Q4 2023), 1.15% (Q3 2023), and 1.21% (Q2 2023).