Integra LifeSciences Holdings (IART)
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 | -6,943 | -6,544 | 23,648 | 40,234 | 67,741 | 100,853 | 131,271 | 171,875 | 180,550 | 172,988 | 166,302 | 156,582 | 169,075 | 216,435 | 205,543 | 170,106 | 133,892 | 56,467 | -3,480 | 26,625 |
Total assets | US$ in thousands | 4,037,420 | 4,065,800 | 4,074,500 | 4,078,220 | 3,781,990 | 3,739,370 | 3,777,600 | 3,742,400 | 3,889,760 | 3,807,010 | 3,752,860 | 3,672,000 | 3,782,380 | 3,774,460 | 3,712,790 | 3,741,550 | 3,615,140 | 3,453,520 | 3,391,760 | 3,447,560 |
ROA | -0.17% | -0.16% | 0.58% | 0.99% | 1.79% | 2.70% | 3.47% | 4.59% | 4.64% | 4.54% | 4.43% | 4.26% | 4.47% | 5.73% | 5.54% | 4.55% | 3.70% | 1.64% | -0.10% | 0.77% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-6,943K ÷ $4,037,420K
= -0.17%
The return on assets (ROA) of Integra LifeSciences Holdings has displayed some volatility over the period from March 31, 2020, to December 31, 2024. The ratio indicates the company's ability to generate profits relative to its total assets.
The ROA started at a modest 0.77% on March 31, 2020, but turned negative at -0.10% by June 30, 2020. From there, it showed a significant improvement, reaching 5.73% on September 30, 2021, its highest point during the period analyzed. Subsequently, the ROA fluctuated between 4.26% and 0.58%, with some periods of decline such as on September 30, 2024, when the ratio turned negative at -0.16% and then decreased further to -0.17% by December 31, 2024.
Overall, the ROA trend of Integra LifeSciences Holdings indicates varying levels of efficiency in utilizing its assets to generate profits. An increasing ROA signifies that the company is becoming more efficient in generating earnings from its assets, while a decreasing or negative ROA can indicate potential issues with asset utilization or profitability. It would be important to further investigate the factors contributing to the fluctuations in ROA to assess the company's financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024