Privia Health Group Inc (PRVA)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 23,079 | -8,585 | -188,230 |
| Total assets | US$ in thousands | 999,900 | 792,813 | 686,373 |
| ROA | 2.31% | -1.08% | -27.42% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $23,079K ÷ $999,900K
= 2.31%
Privia Health Group Inc's return on assets (ROA) has shown a positive trend over the past three years. The ROA increased significantly from -27.42% in 2021 to -1.08% in 2022, indicating improvement in the company's ability to generate profits relative to its assets. In 2023, Privia Health Group Inc achieved a ROA of 2.31%, further strengthening its performance in utilizing its assets efficiently to generate returns. This positive trend suggests that the company has been able to enhance its operational effectiveness and profitability in recent years.
Peer comparison
Dec 31, 2023