Artivion Inc (AORT)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -13,359 | -30,690 | -19,192 | -14,834 | -16,682 |
| Total assets | US$ in thousands | 789,101 | 792,397 | 762,798 | 793,052 | 789,404 |
| ROA | -1.69% | -3.87% | -2.52% | -1.87% | -2.11% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-13,359K ÷ $789,101K
= -1.69%
Artivion Inc's Return on Assets (ROA) indicates the efficiency of the company in utilizing its assets to generate profit. The trend in ROA over the years shows a fluctuating pattern, starting at -2.11% on December 31, 2020, improving slightly to -1.87% on December 31, 2021, then declining to -2.52% on December 31, 2022, further decreasing to -3.87% on December 31, 2023, and finally recovering to -1.69% on December 31, 2024.
The negative ROA values suggest that Artivion Inc is facing challenges in generating profits relative to its total assets. The declining trend till 2023 indicates inefficiency in asset utilization and profitability. However, the improvement in ROA by the end of 2024 is a positive sign, even though it remains negative.
It is important for Artivion Inc to focus on optimizing its asset management strategies to enhance profitability and achieve positive returns in the future. Further analysis of the company's financial performance and operational efficiency is recommended to address the underlying factors contributing to the negative ROA.
Peer comparison
Dec 31, 2024