Mesa Laboratories Inc (MLAB)

Return on assets (ROA)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net income	US$ in thousands	—	-254,246	930	1,871	3,274
Total assets	US$ in thousands	—	446,796	661,832	707,369	600,151
ROA		—	-56.90%	0.14%	0.26%	0.55%

March 31, 2025 calculation

ROA = Net income ÷ Total assets
= $—K ÷ $—K
= —

Based on the provided data, Mesa Laboratories Inc's return on assets (ROA) has shown fluctuations over the years. In March 31, 2021, the ROA was 0.55%, indicating that the company generated $0.55 in net income for every $100 of assets owned. However, by March 31, 2022, the ROA declined to 0.26%, suggesting a decrease in profitability relative to its asset base.

Further decline was observed by March 31, 2023, with the ROA dropping to 0.14%. This may indicate operational challenges or inefficiencies affecting the company's ability to generate earnings from its assets effectively. The most concerning observation is in March 31, 2024, where the ROA plummeted to -56.90%. A negative ROA suggests that the company incurred significant losses relative to its asset base, which could be a red flag for investors and creditors.

Unfortunately, there is no data available for March 31, 2025, which limits a comprehensive analysis for that year. Overall, the trend in Mesa Laboratories Inc's ROA indicates a decline in profitability and efficiency in utilizing its assets effectively, which may require further investigation and strategic measures to improve the company's financial performance.