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Diagnostic Medical Systems (LTS:0RIA) ROA % : -5.69% (As of Jun. 2024)


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What is Diagnostic Medical Systems ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Diagnostic Medical Systems's annualized Net Income for the quarter that ended in Jun. 2024 was €-2.86 Mil. Diagnostic Medical Systems's average Total Assets over the quarter that ended in Jun. 2024 was €50.38 Mil. Therefore, Diagnostic Medical Systems's annualized ROA % for the quarter that ended in Jun. 2024 was -5.69%.

The historical rank and industry rank for Diagnostic Medical Systems's ROA % or its related term are showing as below:

LTS:0RIA' s ROA % Range Over the Past 10 Years
Min: -20.14   Med: -7.95   Max: -2.11
Current: -20.14

During the past 13 years, Diagnostic Medical Systems's highest ROA % was -2.11%. The lowest was -20.14%. And the median was -7.95%.

LTS:0RIA's ROA % is ranked worse than
68.46% of 872 companies
in the Medical Devices & Instruments industry
Industry Median: -1.74 vs LTS:0RIA: -20.14

Diagnostic Medical Systems ROA % Historical Data

The historical data trend for Diagnostic Medical Systems's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Diagnostic Medical Systems ROA % Chart

Diagnostic Medical Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.05 -12.18 -7.84 -12.76 -9.42

Diagnostic Medical Systems Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.80 -10.48 14.47 -34.33 -5.69

Competitive Comparison of Diagnostic Medical Systems's ROA %

For the Medical Devices subindustry, Diagnostic Medical Systems's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diagnostic Medical Systems's ROA % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Diagnostic Medical Systems's ROA % distribution charts can be found below:

* The bar in red indicates where Diagnostic Medical Systems's ROA % falls into.



Diagnostic Medical Systems ROA % Calculation

Diagnostic Medical Systems's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-4.946/( (53.892+51.138)/ 2 )
=-4.946/52.515
=-9.42 %

Diagnostic Medical Systems's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-2.864/( (51.138+49.614)/ 2 )
=-2.864/50.376
=-5.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Jun. 2024) net income data. ROA % is displayed in the 30-year financial page.


Diagnostic Medical Systems  (LTS:0RIA) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-2.864/50.376
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.864 / 45.75)*(45.75 / 50.376)
=Net Margin %*Asset Turnover
=-6.26 %*0.9082
=-5.69 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Diagnostic Medical Systems ROA % Related Terms

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Diagnostic Medical Systems Business Description

Traded in Other Exchanges
Address
9 Avenue du Canal Philippe, Gallargues le Montueux, FRA, FR-30660
Diagnostic Medical Systems is France's company engaged in the development, design, and production of imaging systems for digital and conventional radiology and osteodensitometry. The group's activity is organized around two sectors: Radiology equipment and osteodensitometers sales: mobile radiology units, floating table tops, operating room mobile amplifiers, ultrasound osteodensitometers (designed to chart the bone micro-architecture) and X ray osteodensitometers (designed to measure bone density), etc. The group also proposes devices distribution and maintenance activities; and the Development of biotechnology solutions: in the fields of arthrosis treatment and regenerative medicine.

Diagnostic Medical Systems Headlines

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