Astrana Health Inc (ASTH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 43,149 | 60,717 | 45,171 | 68,923 | -23,752 |
| Total assets | US$ in thousands | 1,354,890 | 933,361 | 966,213 | 867,361 | 817,486 |
| ROA | 3.18% | 6.51% | 4.68% | 7.95% | -2.91% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $43,149K ÷ $1,354,890K
= 3.18%
Astrana Health Inc's return on assets (ROA) has shown fluctuating trends over the past five years. The ROA was negative at -2.91% as of December 31, 2020, indicating that the company generated a loss relative to its assets during that period. However, there was a significant improvement in the financial performance as of December 31, 2021, with an ROA of 7.95%, suggesting that the company made a strong return on its assets.
In the following years, the ROA continued to be positive but with some variations. By December 31, 2022, the ROA decreased to 4.68%, indicating a lower return on assets compared to the previous year. The ROA then improved slightly to 6.51% as of December 31, 2023, showing a better utilization of assets to generate profits.
However, by December 31, 2024, the ROA declined to 3.18%, signaling a decrease in the company's ability to generate profits from its assets compared to the prior year. Overall, Astrana Health Inc's ROA has displayed mixed performance over the past five years, with fluctuations in profitability relative to its asset base. Further analysis of the company's operations and financial strategies may be necessary to understand the factors influencing these changes in ROA.
Peer comparison
Dec 31, 2024