USANA Health Sciences Inc (USNA)
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 | 42,030 | 54,342 | 55,082 | 61,942 | 63,788 | 59,817 | 63,399 | 65,264 | 69,350 | 76,875 | 89,276 | 108,353 | 116,505 | 135,814 | 138,990 | 128,733 | 124,664 | 115,789 | 109,505 | 102,906 |
| Total assets | US$ in thousands | 748,193 | 671,308 | 631,419 | 629,275 | 632,757 | 601,148 | 602,680 | 605,533 | 596,549 | 556,063 | 557,959 | 572,919 | 577,740 | 578,946 | 591,449 | 584,512 | 640,887 | 577,532 | 512,151 | 473,750 |
| ROA | 5.62% | 8.09% | 8.72% | 9.84% | 10.08% | 9.95% | 10.52% | 10.78% | 11.63% | 13.82% | 16.00% | 18.91% | 20.17% | 23.46% | 23.50% | 22.02% | 19.45% | 20.05% | 21.38% | 21.72% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $42,030K ÷ $748,193K
= 5.62%
The return on assets (ROA) for USANA Health Sciences Inc has shown a declining trend over the past few years. Starting at a healthy level of 21.72% as of March 31, 2020, the ROA gradually decreased to 5.62% by December 31, 2024.
A high ROA indicates that the company is efficiently generating profits from its assets. The declining ROA suggests that USANA Health Sciences Inc may be experiencing challenges in generating earnings relative to its asset base.
It is essential for the company to closely monitor and manage its asset utilization and profitability in order to improve its ROA and ensure long-term financial sustainability. Continued analysis and strategic actions may be necessary to reverse the downward trend in ROA and improve overall financial performance.