Supernus Pharmaceuticals Inc (SUPN)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	-1	60,711	53,424	126,950	113,056
Total assets	US$ in thousands	1	1,702,510	1,689,150	1,504,100	1,160,280
ROA		-100.00%	3.57%	3.16%	8.44%	9.74%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $-1K ÷ $1K
= -100.00%

Supernus Pharmaceuticals Inc's return on assets (ROA) has shown a declining trend over the past five years, dropping from 9.74% in 2019 to 0.10% in 2023. This indicates that the company's ability to generate profits from its assets has weakened significantly. The significant decrease in ROA may indicate operational inefficiencies, increased expenses, or a decrease in asset productivity. It is essential for the company to investigate the underlying reasons for the decline in ROA and implement strategies to improve asset utilization and profitability.