LivaNova PLC (LIVN)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 63,234 | 17,546 | -86,246 | -135,818 | -348,819 |
| Total assets | US$ in thousands | 2,506,390 | 2,429,560 | 2,294,770 | 2,200,950 | 2,399,960 |
| ROA | 2.52% | 0.72% | -3.76% | -6.17% | -14.53% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $63,234K ÷ $2,506,390K
= 2.52%
LivaNova PLC's return on assets (ROA) has shown a consistent improvement over the past years. Beginning at a low of -14.53% on December 31, 2020, the company managed to reduce its negative ROA to -6.17% by December 31, 2021, signaling an initial positive trend. Subsequently, there was a further improvement with ROA reaching -3.76% by the end of 2022. This negative trend continued to reverse, turning positive with a ROA of 0.72% by December 31, 2023, indicating an upward trajectory. By the end of 2024, LivaNova achieved a notable ROA of 2.52%, demonstrating a considerable enhancement in the company's ability to generate profits relative to its assets. Overall, the improving trend in ROA suggests efficient utilization of assets to generate profits, reflecting positively on LivaNova's financial performance and potential for growth.
Peer comparison
Dec 31, 2024