Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', AIRS's return on assets was 5.3%, representing returns generated from total assets. Industry average for Medical/Nursing Services in '2021' stood at -11.3%.
• In '2022', AIRS's return on assets was -7.3%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Medical/Nursing Services in '2022' stood at -26.1%. Industry average declined by 14.8% from previous year.
• In '2023', AIRS's return on assets was -2.2%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Medical/Nursing Services in '2023' stood at -12.2%. Industry average increased by 13.9% compared to previous year.
• In '2024', AIRS's return on assets was -4.0%, representing returns generated from total assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Medical/Nursing Services in '2024' stood at -5.2%. Industry average increased by 7.1% compared to previous year.
Overall, AIRS's return on assets has been volatile but showed a downward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.