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', SPOK's return on assets was -8.9%, representing returns generated from total assets. Industry average for Telecommunications Equipment in '2021' stood at -16.8%.
• In '2022', SPOK's return on assets was 8.9%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Telecommunications Equipment in '2022' stood at -20.7%. Industry average declined by 3.8% from previous year.
• In '2023', SPOK's return on assets was 6.6%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Telecommunications Equipment in '2023' stood at -11.1%. Industry average increased by 9.6% compared to previous year.
• In '2024', SPOK's return on assets was 6.7%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Telecommunications Equipment in '2024' stood at -15.0%. Industry average declined by 3.9% from previous year.
Overall, SPOK'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%.