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SpyGlass PharmaSGP -0.59%12 ROA % is -31.67% as of Jun. 2026. GuruFocus rates SGP with a GF Score™ of 12/100. Among 1,410 Biotechnology companies, SpyGlass Pharma ranks better than 64.68% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SpyGlass Pharma's annualizedNet Income for the quarter that ended in Jun. 2026 was $-79.46 Mil.
SpyGlass Pharma's average Total Assets over the quarter that ended in Jun. 2026 was $250.91 Mil. Therefore, SpyGlass Pharma's annualized ROA % for the quarter that ended in Jun. 2026 was -31.67%.
The historical rank and industry rank for SpyGlass Pharma's ROA % or its related term are showing as below:
SGP'
s ROA % Range Over the Past 10 Years
Min: -90.48 Med: -57.29 Max: -30.11
Current: -30.11
During the past 3 years, SpyGlass Pharma's highest ROA % was -30.11%. The lowest was -90.48%. And the median was -57.29%.
SGP's ROA % is ranked better than 64.68% of 1410
companies
in the Biotechnology industry
Industry Median: -33.225
vs SGP: -30.11
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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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.
SpyGlass Pharma ROA % Related Terms
SpyGlass Pharma ROA % Historical Data
* Premium members only.
The historical data trend for SpyGlass Pharma'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.
For the Biotechnology subindustry, SpyGlass Pharma'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.
SpyGlass Pharma ROA % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, SpyGlass Pharma's ROA % distribution charts can be found below:
* The bar in red indicates where SpyGlass Pharma's ROA % falls into.
* 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 four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
SpyGlass Pharma (SGP) has a ROA % of -31.67% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SpyGlass Pharma and its competitors. According to the industry distribution chart, SpyGlass Pharma ranks #498 out of 1410 companies in the Biotechnology industry, placing it in the top 35.3%.
Is SpyGlass Pharma's ROA % too high?
SpyGlass Pharma's current ROA % is -31.67%. Based on the distribution chart, SpyGlass Pharma ranks #498 out of 1410 companies in the Biotechnology industry, which is above the industry midpoint. Overall, SpyGlass Pharma has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SpyGlass Pharma's ROA % compare to RIGL and NGNE?
According to the Biotechnology industry distribution chart, SpyGlass Pharma ranks #498 out of 1410 companies for ROA %. This puts SpyGlass Pharma in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Biotechnology company?
A good ROA % depends on the Biotechnology industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SpyGlass Pharma and its competitors. SpyGlass Pharma's current ROA % is -31.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpyGlass Pharma stock overvalued right now?
SpyGlass Pharma (SGP) has a current ROA % of -31.67%. The current ROA % is -31.67%. SpyGlass Pharma's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For SpyGlass Pharma (SGP), the current ROA % is -31.67% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SpyGlass Pharma Inc is a late-stage biopharmaceutical company focused on transforming the treatment paradigm for patients living with chronic eye conditions through long-acting, sustained drug delivery of approved medicines. The company is developing two programs: the BIM-IOL System, which is intended for use during cataract surgery to deliver glaucoma treatment, and the BIM-DRS, which is designed for glaucoma patients who are not undergoing cataract surgery.
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