Psychemedics (PMD) Return on Assets (ROA)

Price: $2.31
Market Cap: $13.45M
Avg Volume: 34.34K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Beta: 0.682
52W Range: $1.63-3.93
Website: Psychemedics

Psychemedics Return on Assets (ROA) Summary

Psychemedics's ROA indicates the return generated on the company's assets:

  • Annual: -31.30%
  • Quarterly: -8.18%
  • TTM: -45.08%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Psychemedics's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -62.26%
    • Quarterly: -14.41%
    • TTM: -69.81%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -39.35%
    • Quarterly: -10.88%
    • TTM: -59.71%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: -31.30%
    • Quarterly: -8.18%
    • TTM: -45.08%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: -18.80%
    • Quarterly: -17.49%
    • TTM: -21.93%

These metrics provide insights into Psychemedics's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

-31.30%

Quarterly ROA

-8.18%

TTM ROA

-45.08%

Psychemedics Historical ROA
Historical ROE
Historical ROIC
Historical Profit Margin
Historical Return on Tangible Assets

Psychemedics Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2023 -31.30% -62.26% -39.35% -18.80% -31.30%
2022 -5.79% -10.06% -7.87% -4.29% -5.79%
2021 -3.09% -5.43% -16.23% -2.67% -3.09%
2020 -16.08% -30.84% -17.61% -18.07% -16.08%
2019 5.60% 9.17% 0.19% 4.09% 5.60%
2018 18.36% 24.45% 22.50% 10.74% 18.36%
2017 23.09% 32.87% 27.76% 15.42% 23.09%
2016 26.68% 42.79% 35.64% 17.13% 26.68%
2015 6.76% 12.95% 9.40% 5.60% 6.76%
2014 13.32% 24.98% 17.00% 10.98% 13.32%