Return On Asset ratio Analysis of MiMedx Group Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
1.81
Period Ending - Dec-22
Very Poor ROA
-21.45
Growth
108.46 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Excellent ROA
29.27
Most recent Quarter ROA
Period Ending - Mar-24
Very Good ROA
4.18
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MDXG | 6.83 | 6.91 | 1.16 % | Biotechnology |
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 ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Return On Asset of MiMedx Group Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 1.81 | -21.45 | -5.47 | -15.30 | -24.40 | -24.40 | 53.38 |
Change | 108.46 % | -291.99 % | 64.24 % | 37.30 % | 0 % | -145.72 % | 761.58 % |
FY Chart of Return On Asset of MiMedx Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)