Vericel Corp Ord (VCEL)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	10,362	-3,182	-16,709	-7,471	2,864
Total assets	US$ in thousands	432,722	353,657	273,003	243,705	205,608
ROA		2.39%	-0.90%	-6.12%	-3.07%	1.39%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $10,362K ÷ $432,722K
= 2.39%

Vericel Corp Ord's return on assets (ROA) has exhibited varying trends over the past five years. As of December 31, 2020, the ROA was positive at 1.39%, indicating that the company generated a modest return on its assets during that period.

However, the ROA declined significantly in the following years, reaching -3.07% by December 31, 2021, and further deteriorating to -6.12% by December 31, 2022. These negative ROA values suggest that the company's assets were not effectively utilized to generate profits, potentially indicating operational inefficiencies or financial challenges.

There was a slight improvement in ROA by December 31, 2023, where the value stood at -0.90%. Although still negative, this uptick may indicate some efforts to enhance asset utilization or profitability.

By December 31, 2024, Vericel Corp Ord managed to turn around its ROA to a positive 2.39%, surpassing the ROA value observed in 2020. This improvement suggests that the company may have implemented strategies to better leverage its assets and enhance overall profitability.

Overall, Vericel Corp Ord's ROA performance has shown variability over the years, with fluctuations between negative and positive values. It is essential for stakeholders to monitor this metric closely to assess the company's ability to generate profits from its assets efficiently.