Mesa Laboratories Inc (MLAB)

Return on assets (ROA)

		Mar 31, 2025	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
Net income (ttm)	US$ in thousands	-1,974	-249,443	-245,651	-250,309	-254,246	948	-717	1,819	930	-1,465	-3,976	-1,562	1,871	7,575	5,093	4,052	3,082	-2,518	-2,606	-2,223
Total assets	US$ in thousands	—	437,148	454,098	440,361	446,796	741,769	637,188	642,611	661,832	662,984	656,231	685,811	707,369	721,712	609,102	612,490	600,151	621,636	588,932	576,733
ROA		—	-57.06%	-54.10%	-56.84%	-56.90%	0.13%	-0.11%	0.28%	0.14%	-0.22%	-0.61%	-0.23%	0.26%	1.05%	0.84%	0.66%	0.51%	-0.41%	-0.44%	-0.39%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $-1,974K ÷ $—K
= —

Mesa Laboratories Inc's return on assets (ROA) fluctuated significantly over the period under consideration. The company experienced negative ROA values between June 2020 and September 2021, indicating that its assets were not generating positive returns during this time.

However, starting from March 2021, Mesa Laboratories Inc began to show positive ROA figures, with an improving trend until December 2021. This suggests that the company was able to generate more income relative to its assets during that period.

After December 2021, the ROA declined again, with some fluctuations until March 2024. The ROA dropped significantly in March 2024 to -56.90% and remained at similarly low levels until December 2024.

It is worth noting that the data for March 31, 2025, is missing. Overall, Mesa Laboratories Inc's ROA showed variability and downward trends during the period analyzed, indicating challenges in effectively utilizing its assets to generate profits.