Vsee Health(Vsee) 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 VSEE 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', VSEE's return on assets was 24.6%, representing returns generated from total assets. Industry average for Medical/Nursing Services in '2021' stood at -11.3%.
• In '2022', VSEE's return on assets was -36.8%, 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.
Overall, VSEE's return on assets has been volatile but showed a downward trend over the past 2 years.
Formula: ROA = Net Income / Total Assets
Good Range: Commonly 5%-15%.