Vericel Corp Ord (VCEL)
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 | 4,519 | -6,464 | -17,058 | -7,854 | 667 |
Total assets | US$ in thousands | 432,722 | 353,657 | 273,003 | 243,705 | 205,608 |
Operating ROA | 1.04% | -1.83% | -6.25% | -3.22% | 0.32% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $4,519K ÷ $432,722K
= 1.04%
Vericel Corp Ord's operating return on assets (operating ROA) has shown fluctuations over the past five years.
- In December 2020, the operating ROA was at a modest 0.32%, indicating that the company generated a positive return from its operating activities relative to its assets.
- However, in December 2021, the operating ROA deteriorated significantly to -3.22%, signifying that the company experienced losses from its core operations compared to its asset base.
- This negative trend continued in December 2022, with an even lower operating ROA of -6.25%, indicating further operational challenges and inefficiencies.
- The company's performance improved slightly in December 2023 with an operating ROA of -1.83%, but it still remained in negative territory.
- By December 2024, there was a turnaround as the operating ROA increased to 1.04%, reflecting a positive return from operating activities relative to the company's assets.
Overall, Vericel Corp Ord experienced a mix of positive and negative operating ROA figures during the period analyzed, highlighting fluctuations in its operational efficiency and profitability in relation to its asset base. It is essential for the company to focus on improving operational performance to sustain positive returns from its assets in the future.
Peer comparison
Dec 31, 2024