STAAR Surgical Company (STAA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -12,611 | 28,097 | 43,802 | 33,339 | 6,769 |
| Total assets | US$ in thousands | 509,524 | 488,692 | 415,148 | 345,778 | 257,416 |
| Operating ROA | -2.48% | 5.75% | 10.55% | 9.64% | 2.63% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-12,611K ÷ $509,524K
= -2.48%
The operating return on assets (operating ROA) of STAAR Surgical Company has shown fluctuating trends over the years based on the provided data.
- In December 31, 2020, the operating ROA was reported at 2.63%, indicating the company generated a return of 2.63% on its assets through its operations during that period.
- The following year, by December 31, 2021, there was a significant improvement in the operating ROA to 9.64%, reflecting a more efficient utilization of assets to generate operating profits.
- This positive trend continued into December 31, 2022, with the operating ROA further increasing to 10.55%, demonstrating continued operational efficiency and profitability for the company.
- However, by December 31, 2023, there was a decline in the operating ROA to 5.75%, indicating a decrease in the return generated by the company's operations on its assets.
- The trend took a negative turn by December 31, 2024, where the operating ROA turned negative at -2.48%, suggesting that the company's operations were not generating an adequate return on the assets employed.
Overall, the analysis of STAAR Surgical Company's operating return on assets shows both positive and negative fluctuations, highlighting the importance of monitoring operational efficiency and profitability to ensure sustainable performance and value creation for the company.
Peer comparison
Dec 31, 2024