Return On Asset ratio Analysis of Orthofix Medical Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-14.73


Very Poor ROA
Period Ending - Dec-22
-4.31

Very Poor ROA
Growth
-242.03 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-13.59


Very Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

-3.98


Very Poor ROA
ROA Analysis of Orthofix Medical Inc
ROA Ratio of Orthofix Medical Inc with value of -13.59 means poor return on Assets in trailing twelve months.
ROA Ratio of Orthofix Medical Inc with value of -3.98 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of OFIX drastically fell by -242.03 % this year.
ROA Ratio with value of 0.479 was highest in Year Dec-20 in last Five Years.
ROA Ratio with value of -14.73 was lowest in Year Dec-23 in last Five Years.
Latest ROA Ratio with value of -14.73 is lower than Average ROA of -6.47 in last five years.
ROA of Orthofix Medical Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of OFIX that may interest you.
Orthofix Medical Inc Overview
CodePricePrevious PricePrice ChangeSector
OFIX13.7314.22 3.45 % Medical Devices
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
Poor Profitability Stock
FY - Historical Return On Asset of Orthofix Medical Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA-14.73-4.31-8.050.479-5.742.961.54
Change-242.03 %46.52 %-1782.31 %108.33 %-294.03 %92.79 %86.93 %
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FY Chart of Return On Asset of Orthofix Medical Inc


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