Artivion Inc (AORT)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -13,355 | -847 | -8,360 | -9,625 | -30,690 | -24,546 | -28,458 | -29,335 | -19,192 | -41,461 | -17,166 | -15,085 | -14,834 | 1,808 | -11,644 | -13,155 | -16,682 | -13,905 | -11,169 | -4,648 |
| Total assets | US$ in thousands | 789,101 | 803,144 | 789,539 | 784,007 | 792,397 | 774,787 | 777,861 | 757,073 | 762,798 | 742,731 | 764,864 | 781,856 | 793,052 | 818,654 | 810,497 | 794,832 | 789,404 | 782,200 | 693,254 | 621,033 |
| ROA | -1.69% | -0.11% | -1.06% | -1.23% | -3.87% | -3.17% | -3.66% | -3.87% | -2.52% | -5.58% | -2.24% | -1.93% | -1.87% | 0.22% | -1.44% | -1.66% | -2.11% | -1.78% | -1.61% | -0.75% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-13,355K ÷ $789,101K
= -1.69%
Artivion Inc's return on assets (ROA) has exhibited a fluctuating trend over the past few years. The ROA has been consistently negative, indicating that the company has been generating lower profits relative to its total assets. The ROA started at -0.75% as of March 31, 2020, and showed a downward trend reaching its lowest point at -5.58% as of September 30, 2022.
However, there was a slight improvement in the ROA to 0.22% as of September 30, 2021, before declining again. Overall, the negative trend in ROA suggests that Artivion Inc may not be effectively utilizing its assets to generate profits. It is important for the company to assess its operational efficiency and profitability drivers to potentially improve its ROA in the future.
Peer comparison
Dec 31, 2024