Return on Assets (ROA)
since 2019
Calculation
Shockwave Medical Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 9.40% | = | 100 | × | 147,278) | ÷ | 1,566,563) |
| Dec 31, 2022 | 33.43% | = | 100 | × | 215,996) | ÷ | 646,089) |
| Dec 31, 2021 | -2.64% | = | 100 | × | (9,136) | ÷ | 345,682) |
| Dec 31, 2020 | -24.15% | = | 100 | × | (65,699) | ÷ | 272,042) |
| Dec 31, 2019 | -22.04% | = | 100 | × | (51,109) | ÷ | 231,938) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 US$ in thousands
Comparison to Competitors
Shockwave Medical Inc., ROA, long-term trends, comparison to competitors
| Shockwave Medical Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 9.40% | 7.82% | 3.38% | 3.34% | 5.50% | 11.64% | 4.13% | 8.18% |
| Dec 31, 2022 | 33.43% | 9.31% | 4.63% | 1.82% | 5.86% | 10.19% | 5.54% | 8.19% |
| Dec 31, 2021 | -2.64% | 9.40% | 3.46% | 3.39% | 6.26% | 12.58% | 3.87% | 8.15% |
| Dec 31, 2020 | -24.15% | 6.20% | 5.44% | 3.11% | 5.28% | 9.50% | 5.28% | 7.81% |
| Dec 31, 2019 | -22.04% | 5.43% | 3.28% | 2.98% | 6.21% | 14.17% | 5.16% | 7.96% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Sector (Health Care Equipment & Services)
Shockwave Medical Inc., ROA, long-term trends, comparison to sector (health care equipment & services)
| Shockwave Medical Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 9.40% | 5.51% |
| Dec 31, 2022 | 33.43% | 5.59% |
| Dec 31, 2021 | -2.64% | 5.58% |
| Dec 31, 2020 | -24.15% | 5.44% |
| Dec 31, 2019 | -22.04% | 5.03% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Industry (Health Care)
Shockwave Medical Inc., ROA, long-term trends, comparison to industry (health care)
| Shockwave Medical Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 9.40% | 6.47% |
| Dec 31, 2022 | 33.43% | 8.43% |
| Dec 31, 2021 | -2.64% | 8.29% |
| Dec 31, 2020 | -24.15% | 5.45% |
| Dec 31, 2019 | -22.04% | 7.18% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).