LivaNova PLC (LIVN)

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	63,234	23,682	-16,589	-31,767	17,546	2,868	-97,158	-81,869	-86,246	-93,034	-29,133	-102,064	-135,818	-411,741	-383,112	-416,040	-348,819	-210,999	-164,067	-103,867
Total assets	US$ in thousands	2,506,390	2,521,960	2,453,190	2,459,600	2,429,560	2,329,420	2,341,560	2,294,890	2,294,770	2,212,880	2,336,240	2,416,880	2,200,950	2,203,410	2,396,520	2,369,170	2,399,960	2,521,750	2,502,660	2,454,440
ROA		2.52%	0.94%	-0.68%	-1.29%	0.72%	0.12%	-4.15%	-3.57%	-3.76%	-4.20%	-1.25%	-4.22%	-6.17%	-18.69%	-15.99%	-17.56%	-14.53%	-8.37%	-6.56%	-4.23%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $63,234K ÷ $2,506,390K
= 2.52%

The return on assets (ROA) of LivaNova PLC has shown fluctuations over the past five years. The ROA was negative from March 2020 to September 2021, reaching its lowest point of -18.69% in September 2021. However, there was a slight improvement in the ROA in the following quarters, with a positive turn in December 2023.

The company's ROA turned positive in September 2023, indicating that the company generated a profit from its assets during that period. The positive trend continued through December 2024, with the ROA reaching its highest level of 2.52%.

Overall, the company's ROA has shown variability over the years, with a mix of negative and positive values. The positive turn in the latter quarters of the analyzed period suggests potential improvements in the company's efficiency in generating profits from its assets.