STAAR Surgical Company (STAA)
Operating return on assets (Operating ROA)
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -12,611 | 25,704 | 26,317 | 23,016 | 28,097 | 18,656 | 26,066 | 34,489 | 43,802 | 50,221 | 44,353 | 37,982 | 33,339 | 30,033 | 27,078 | 15,374 | 6,769 | 5,034 | 3,486 | 9,152 |
| Total assets | US$ in thousands | 510 | 537,590 | 512,745 | 492,535 | 488,692 | 471,521 | 440,651 | 418,905 | 418,818 | 394,676 | 376,025 | 351,177 | 345,778 | 324,605 | 294,438 | 265,806 | 257,416 | 234,698 | 218,039 | 206,788 |
| Operating ROA | -2,472.75% | 4.78% | 5.13% | 4.67% | 5.75% | 3.96% | 5.92% | 8.23% | 10.46% | 12.72% | 11.80% | 10.82% | 9.64% | 9.25% | 9.20% | 5.78% | 2.63% | 2.14% | 1.60% | 4.43% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-12,611K ÷ $510K
= -2,472.75%
STAAR Surgical Company's operating return on assets (operating ROA) has fluctuated over the period from March 31, 2020, to December 31, 2024.
The trend shows a general improvement in operating ROA from March 2020 to June 2022, with a steady increase. The company's operating ROA reached its peak in June 2022 at 11.80% before experiencing a slight dip in the following quarters.
However, there was a significant anomaly in the financial data on December 31, 2022, where the operating ROA was reported as -2,472.75%. This aberration could be due to accounting errors or irregularities in financial reporting.
Following this anomaly, the operating ROA recovered and stabilized between 3.96% and 5.75% for the rest of 2023. The trend continued into 2024, with operating ROA ranging between 4.67% and 5.13%.
Overall, STAAR Surgical Company's operating ROA showed variability, with periods of growth, stability, and fluctuations. It is essential for stakeholders to examine the reasons behind the extreme negative value in December 2022 to ensure the accuracy and reliability of financial data for decision-making purposes.
Peer comparison
Dec 31, 2024