STAAR Surgical Company (STAA)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 13,986 | 21,776 | 16,613 | 15,298 | 21,347 | 19,444 | 24,889 | 31,863 | 38,755 | 37,824 | 33,582 | 29,111 | 24,501 | 22,906 | 20,778 | 11,039 | 5,913 | 8,965 | 7,461 | 12,547 |
| 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 |
| ROA | 2,742.35% | 4.05% | 3.24% | 3.11% | 4.37% | 4.12% | 5.65% | 7.61% | 9.25% | 9.58% | 8.93% | 8.29% | 7.09% | 7.06% | 7.06% | 4.15% | 2.30% | 3.82% | 3.42% | 6.07% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $13,986K ÷ $510K
= 2,742.35%
STAAR Surgical Company’s return on assets (ROA) has shown fluctuations over the past few years, ranging from as low as 2.30% on December 31, 2020, to a high of 9.58% on September 30, 2022. The ROA improved significantly from the end of 2022 through the first half of 2023, reaching a peak of 9.25% on December 31, 2022. However, there was a notable drop in ROA to 2,742.35% on December 31, 2024, which might be attributed to data discrepancies or calculation errors.
Overall, the trend in ROA for STAAR Surgical Company indicates some level of volatility, with occasional spikes and dips in performance. Investors and stakeholders should closely monitor the company’s asset utilization efficiency and profitability to assess its financial health and sustainability.
Peer comparison
Dec 31, 2024