Dentsply Sirona Inc (XRAY)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -910,000 | -132,000 | -950,000 | 411,000 | -83,000 |
| Total assets | US$ in thousands | 5,753,000 | 7,370,000 | 7,643,000 | 9,220,000 | 9,342,000 |
| ROA | -15.82% | -1.79% | -12.43% | 4.46% | -0.89% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-910,000K ÷ $5,753,000K
= -15.82%
Based on the data provided, Dentsply Sirona Inc's return on assets (ROA) has experienced significant fluctuations over the years.
- As of December 31, 2020, the ROA was reported at -0.89%, indicating that the company generated a negative return on its assets for that period.
- By December 31, 2021, the ROA improved to 4.46%, showing a positive return on assets, which could indicate better utilization of assets to generate profits.
- However, in the following years, the ROA declined sharply. As of December 31, 2022, the ROA plummeted to -12.43%, indicating a significant decrease in profitability relative to the assets employed.
- The negative trend continued in subsequent years, with ROA reported at -1.79% as of December 31, 2023, and a further decrease to -15.82% by December 31, 2024.
Overall, the negative ROA figures suggest that Dentsply Sirona Inc may be facing challenges in effectively utilizing its assets to generate profits. The declining trend raises concerns about the company's operational efficiency and profitability in recent years, highlighting the importance of addressing underlying issues to improve financial performance and enhance shareholder value.
Peer comparison
Dec 31, 2024