Return On Asset ratio Analysis of MiMedx Group Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

1.81


Poor ROA
Period Ending - Dec-22
-21.45

Very Poor ROA
Growth
108.46 %
Trailing Twelve Months ROA
Period Ending - Dec-23

29.27


Excellent ROA
Most recent Quarter ROA
Period Ending - Mar-24

4.18


Very Good ROA
ROA Analysis of MiMedx Group Inc
ROA Ratio of MiMedx Group Inc with value of 29.27 means good return on Assets in trailing twelve months.
ROA Ratio of MDXG rose handsomely by 108.46 % this year.
ROA Ratio with value of 1.81 was highest in Year Dec-23 in last Five Years.
ROA Ratio with value of -24.40 was lowest in Year Dec-19 in last Five Years.
Latest ROA Ratio with value of 1.81 is Greater than Average ROA of -12.96 in last five years.
Other ROA Related Info of MDXG that may interest you.
MiMedx Group Inc Overview
CodePricePrevious PricePrice ChangeSector
MDXG6.836.91 1.16 % Biotechnology
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
No Significant Profitability
FY - Historical Return On Asset of MiMedx Group Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA1.81-21.45-5.47-15.30-24.40-24.4053.38
Change108.46 %-291.99 %64.24 %37.30 %0 %-145.72 %761.58 %
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FY Chart of Return On Asset of MiMedx Group Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)