Health Care Equipment & Supplies Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1BTMD biote Corp
0.25
(0.11)
 4.19 
(0.46)
2IDXX IDEXX Laboratories
0.23
(0.07)
 1.58 
(0.11)
3NUTX Nutex Health
0.22
 0.12 
 5.02 
 0.63 
4IRMD Iradimed Co
0.15
 0.08 
 1.95 
 0.15 
5BDMD Baird Medical Investment
0.14
(0.08)
 5.49 
(0.41)
6RMD ResMed Inc
0.14
(0.20)
 1.20 
(0.24)
7LNTH Lantheus Holdings
0.13
(0.05)
 4.31 
(0.22)
8ELMD Electromed
0.12
 0.12 
 3.71 
 0.46 
9UFPT UFP Technologies
0.12
(0.08)
 2.55 
(0.21)
10PDEX Pro Dex
0.11
(0.03)
 5.75 
(0.19)
11WST West Pharmaceutical Services
0.1
 0.14 
 2.04 
 0.28 
12CCLD CareCloud
0.1
 0.10 
 4.40 
 0.42 
13CCLDO CareCloud
0.1
 0.11 
 0.94 
 0.11 
14ISRG Intuitive Surgical
0.0956
 0.08 
 2.43 
 0.18 
15INMD InMode
0.0914
 0.05 
 2.00 
 0.09 
16EW Edwards Lifesciences Corp
0.0842
 0.04 
 1.28 
 0.05 
17AVAH Aveanna Healthcare Holdings
0.0812
 0.22 
 6.77 
 1.52 
18PODD Insulet
0.0775
 0.08 
 1.89 
 0.15 
19KEQU Kewaunee Scientific
0.0768
(0.11)
 3.42 
(0.37)
20SYK Stryker
0.075
(0.08)
 1.15 
(0.10)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.