LivaNova PLC (LIVN)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -155,176 | -222,507 | -261,802 | -217,521 |
| Total stockholders’ equity | US$ in thousands | 1,277,630 | 1,225,470 | 1,240,610 | 1,227,340 | 1,207,620 | 1,146,960 | 1,282,000 | 1,291,850 | 1,294,640 | 1,299,500 | 1,028,670 | 1,055,130 | 1,109,260 | 1,350,790 | 1,333,190 | 1,392,710 | 1,377,960 | 1,495,280 | 1,483,330 | 1,486,810 |
| ROE | 1.37% | 0.23% | -7.83% | -6.67% | -7.14% | -8.11% | -2.27% | -7.90% | -10.49% | -31.68% | -37.24% | -39.43% | -31.45% | -15.62% | -12.31% | -7.46% | -11.26% | -14.88% | -17.65% | -14.63% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $17,546K ÷ $1,277,630K
= 1.37%
Based on the data provided, LivaNova PLC's return on equity (ROE) has been fluctuating over the past eight quarters.
In Q4 2023, the ROE was 1.37%, which represents a slight improvement compared to the negative ROE figures observed in the previous quarters. However, the ROE remains relatively low, indicating that the company is not generating significant profits relative to its equity.
The negative ROE figures in Q3 2023, Q2 2023, Q1 2023, Q4 2022, Q3 2022, and Q1 2022 suggest that the company's net income is insufficient to cover the shareholders' equity, which may raise concerns about the company's operational efficiency and profitability.
Overall, the trend in LivaNova PLC's ROE indicates inconsistent performance and potential challenges in generating returns for its shareholders. Further analysis of the company's financial statements and business operations may be necessary to identify the underlying reasons for these fluctuations and to assess the company's financial health and future prospects.
Peer comparison
Dec 31, 2023