Dynavax Technologies Corporation (DVAX)
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 | 27,309 | 20,478 | 17,177 | 9,222 | -6,389 | 61,125 | 110,641 | 235,965 | 293,025 | 325,071 | 232,832 | 108,217 | 76,310 | -38,936 | -6,105 | -61,824 | -75,240 | -96,529 | -134,389 | -125,523 |
| Total assets | US$ in thousands | 986,256 | 1,061,990 | 1,016,320 | 986,565 | 997,096 | 972,933 | 936,432 | 969,922 | 985,850 | 999,337 | 1,023,000 | 1,008,980 | 1,039,250 | 919,711 | 647,909 | 490,119 | 353,272 | 353,395 | 329,314 | 259,256 |
| ROA | 2.77% | 1.93% | 1.69% | 0.93% | -0.64% | 6.28% | 11.82% | 24.33% | 29.72% | 32.53% | 22.76% | 10.73% | 7.34% | -4.23% | -0.94% | -12.61% | -21.30% | -27.31% | -40.81% | -48.42% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $27,309K ÷ $986,256K
= 2.77%
The return on assets (ROA) of Dynavax Technologies Corporation has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The company's ROA started at a significantly negative level of -48.42% in March 2020, indicating poor asset utilization efficiency.
Over the next few quarters, Dynavax Technologies managed to improve its ROA, albeit at varying rates. The ROA continued to improve from negative values, reaching positive territory in December 2021 with a ROA of 7.34%. This turnaround suggests that the company was effectively generating profits from the assets it owns.
Subsequently, Dynavax Technologies saw a notable increase in ROA, peaking at 32.53% in September 2022, indicating a significant boost in profitability relative to its asset base. However, the ROA experienced a slight decline in the following quarters but remained positive, reflecting the company's ability to generate returns from its assets.
As of December 31, 2024, Dynavax Technologies Corporation maintained a ROA of 2.77%, demonstrating a favorable level of asset efficiency and profitability. Overall, the trend in ROA indicates that the company has made strides in utilizing its assets more effectively and profitably over the analyzed period.
Peer comparison
Dec 31, 2024