Mesa Laboratories Inc (MLAB)

Operating return on assets (Operating ROA)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating income	US$ in thousands	16,336	-272,075	-30,504	-20,366	-5,302
Total assets	US$ in thousands	—	446,796	661,832	707,369	600,151
Operating ROA		—	-60.89%	-4.61%	-2.88%	-0.88%

March 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $16,336K ÷ $—K
= —

The operating return on assets (ROA) for Mesa Laboratories Inc has shown a declining trend over the years, starting from -0.88% as of March 31, 2021, decreasing to -2.88% as of March 31, 2022, and further dropping to -4.61% as of March 31, 2023. The most significant decline occurred as of March 31, 2024, with the operating ROA plummeting to -60.89%. This indicates that the company may be facing challenges in generating operating profits relative to its total assets.

As of March 31, 2025, the data for the operating ROA is not available, possibly indicating a lack of financial information for that period. It is crucial for Mesa Laboratories Inc to closely monitor and improve its operating ROA performance to ensure efficient utilization of its assets and sustainable profitability in the long term. Further analysis of the company's operational efficiency and asset management strategies may be necessary to address the declining trend in operating ROA witnessed in recent years.