Hour Loop, Inc. HOUR Return on assets
Return on assets at other companies
Other financials
Where this comes from
Calculated from Hour Loop, Inc.’s reported figures.
Based on trailing twelve months.
The official record: Hour Loop, Inc.’s 10-Q, filed November 12, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hour Loop, Inc.'s return on assets?
- Hour Loop, Inc. (HOUR) reported return on assets of 5.9% in Q3 2024.
- How has Hour Loop, Inc.'s return on assets changed year-over-year?
- Hour Loop, Inc.'s return on assets increased by 158.1% year-over-year, from -10.2% to 5.9%.
- What is the long-term trend for Hour Loop, Inc.'s return on assets?
- Over 2 years (2021 to 2023), Hour Loop, Inc.'s return on assets has grown at a -43.3% compound annual growth rate (CAGR), from 33.4% to -10.7%.
- What does return on assets mean?
- Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.