First Time Loading...

Invitae Corp
NYSE:NVTA

Watchlist Manager
Invitae Corp Logo
Invitae Corp
NYSE:NVTA
Watchlist
Price: 0.019 USD -35.59% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

-112.5%
Current
-51%
Average
-1.8%
Industry
Negative for the last year
-112.5%
Negative average
-51%
Worse than average
Worse than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-112.5%
=
Net Income
-1.4B
/
Total Assets
1.1B

ROA Across Competitors

ROA Comparison
Invitae Corp Competitors

Country US
Market Cap 5.4m USD
ROA
-112%
Country US
Market Cap 102B USD
ROA
3%
Country US
Market Cap 95.5B EUR
ROA
3%
Country US
Market Cap 89.4B USD
ROA
3%
Country DE
Market Cap 20.8B EUR
ROA
1%
Country US
Market Cap 16.7B USD
ROA
2%
Country DE
Market Cap 15B EUR
ROA
-1%
Country US
Market Cap 14B USD
ROA
6%
Country DE
Market Cap 10.7B EUR
ROA
1%
Country US
Market Cap 11.2B USD
ROA
4%
Country US
Market Cap 9.5B USD
ROA
-26%

Profitability Report

View the profitability report to see the full profitability analysis for Invitae Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-112.5%
=
Net Income
-1.4B
/
Total Assets
1.1B
What is the ROA of Invitae Corp?

Based on Invitae Corp's most recent financial statements, the company has ROA of -112.5%.