Sofwave Medical Ltd
TASE:SOFW
ROA
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 Across Competitors
Country | Company | Market Cap | ROA | ||
---|---|---|---|---|---|
IL |
S
|
Sofwave Medical Ltd
TASE:SOFW
|
844.3m ILS |
-11%
|
|
US |
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Abbott Laboratories
NYSE:ABT
|
220.2B USD |
18%
|
|
US |
![]() |
Intuitive Surgical Inc
NASDAQ:ISRG
|
177.7B USD |
14%
|
|
US |
![]() |
Boston Scientific Corp
NYSE:BSX
|
157B USD |
5%
|
|
US |
![]() |
Stryker Corp
NYSE:SYK
|
154.2B USD |
7%
|
|
IE |
![]() |
Medtronic PLC
NYSE:MDT
|
119.1B USD |
5%
|
|
DE |
![]() |
Siemens Healthineers AG
XETRA:SHL
|
53.8B EUR |
4%
|
|
US |
![]() |
Becton Dickinson and Co
NYSE:BDX
|
53.1B USD |
3%
|
|
US |
![]() |
Edwards Lifesciences Corp
NYSE:EW
|
46.9B USD |
36%
|
|
US |
![]() |
IDEXX Laboratories Inc
NASDAQ:IDXX
|
45.6B USD |
27%
|
|
US |
![]() |
Resmed Inc
NYSE:RMD
|
40.4B USD |
18%
|
Sofwave Medical Ltd
Glance View
Sofwave Medical Ltd. engages in development, production, marketing, maintenance, and distribution of medical technology for firming and rejuvenating facial and neck skin. The firm operates itself and through its subsidiaries in the field of development, production, marketing, support and distribution of medical technology Sofwave that delivers Synchronous Ultrasound Parallel Beam SUPERB technology for skin tightening and rejuvenation treatments for the face and neck, which provides a non-invasive solution for skin rejuvenation and tightening, in a safe and clinically effective manner. In addition, the group provides services technical and clinical support for the product it provides. The firm has subsidiary in United States -Sofwave Medical Inc.
See Also
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.
Based on Sofwave Medical Ltd's most recent financial statements, the company has ROA of -11.2%.