Lindblad Expeditions(Lind) Financials: Return On Assets Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on assets
This chart shows the historical trend of return on assets for LIND compared to its industry average over the recent years.
Ratio Definition and Interpretation
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', LIND's return on assets was -14.4%, representing returns generated from total assets. Industry average for Transportation Services in '2021' stood at -49.2%.
• In '2022', LIND's return on assets was -13.8%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Transportation Services in '2022' stood at -40.7%. Industry average increased by 8.5% compared to previous year.
• In '2023', LIND's return on assets was -5.6%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Transportation Services in '2023' stood at -31.3%. Industry average increased by 9.4% compared to previous year.
• In '2024', LIND's return on assets was -3.6%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Transportation Services in '2024' stood at -12.6%. Industry average increased by 18.6% compared to previous year.
Overall, LIND's return on assets has been volatile but showed an upward trend over the past 4 years.
Formula: ROA = Net Income / Total Assets
Good Range: Commonly 5%-15%.