Privia Health Group Inc (PRVA)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,385 | 23,079 | -12,064 | -190,649 | 31,244 |
| Total assets | US$ in thousands | 1,135,780 | 999,900 | 792,813 | 686,373 | 328,969 |
| ROA | 1.27% | 2.31% | -1.52% | -27.78% | 9.50% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $14,385K ÷ $1,135,780K
= 1.27%
Privia Health Group Inc's return on assets (ROA) has displayed fluctuations over the past five years. In December 2020, the ROA stood at a healthy 9.50%, indicating that the company was generating a positive return relative to its total assets. However, this figure sharply decreased to -27.78% by the end of December 2021, signaling a significant decline in the company's ability to generate profits from its assets.
By December 2022, Privia Health Group Inc managed to improve its ROA to -1.52%, moving towards a positive territory but still indicating inefficiencies in asset utilization. Subsequently, by the end of December 2023, the ROA improved to 2.31%, indicating a better performance in generating profits relative to its asset base. Finally, by December 2024, the ROA slightly decreased to 1.27%, suggesting a minor decline in the company's ability to generate returns from its assets compared to the previous year.
Overall, Privia Health Group Inc's ROA has seen fluctuations, with the company facing challenges in optimizing asset utilization to generate consistent and sustainable returns over the analyzed period.
Peer comparison
Dec 31, 2024