23andMe Holding Co. - Stock

23andMe Holding Co. ROA 2024

23andMe Holding Co. ROA

0

Ticker

ME

ISIN

US90138Q1085

In 2024, 23andMe Holding Co.'s return on assets (ROA) was 0, a -100% increase from the -0.19 ROA in the previous year.

23andMe Holding Co. Aktienanalyse

What does 23andMe Holding Co. do?

23andMe Holding Co. is an American company for personalized genomics and health research. The company was founded in 2006 and is headquartered in Sunnyvale, California. The name of the company comes from the 23 chromosomes in the human genome and the English expression for "me". The main business of 23andMe is DNA analysis for consumers. Customers can send their DNA samples to the company, with tests being conducted on more than 30 genetic traits, uncovering disease risks, and creating family trees. 23andMe uses advanced sequencing technologies to analyze more than one million genetic variations in your genome. The DNA samples are tested based on single nucleotide polymorphisms (SNPs), which can provide information about disease risks, ethnic origins, and family health history. The results are then provided on an online platform where customers can view and share their DNA information. One unique aspect of 23andMe is that it also collects genetic information for research. 23andMe collaborates with various universities and research institutions to gather data for more complex studies. Customers can participate by anonymously sharing their genetic data for research purposes. 23andMe has many advantages, such as the ability to predict the risk of certain diseases. Based on your DNA, 23andMe can determine if there are altered genes in your body that are associated with specific diseases. However, the company emphasizes that this is not a diagnosis and should not replace medical advice. 23andMe also emphasizes that it supports customers in conversations with their doctors and gives them the opportunity to discuss the results with their doctors and relatives. In addition to DNA analysis, the company also offers a genetic report on your fitness traits. 23andMe also provides details on how to better understand your genetic information and what you can do to improve your health. In 2013, 23andMe underwent a regulatory investigation, which led to a significant restriction of its services. The company had to discontinue its health risk assessments for customers due to concerns from the FDA. The FDA was concerned that customers might make medical decisions based on 23andMe reports that may not necessarily be good for them. However, after many discussions with the FDA, the company decided to relaunch and is now an even more well-known and successful company. The company has more than 10 million customers worldwide and is continuously growing. An emotional incentive for consumers to use 23andMe is the desire to know where they come from and who their ancestors were. Nearly 50 percent of 23andMe customers have chosen to release their DNA information for research purposes. 23andMe has already contributed to various research initiatives that have made important contributions to genomics and precision medicine. Overall, 23andMe offers a unique experience for customers as it presents genomics and personal health data in an accessible way. It is also a significant contribution to research in the field. The company has achieved a lot despite regulatory challenges along the way. 23andMe Holding Co. ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding 23andMe Holding Co.'s Return on Assets (ROA)

23andMe Holding Co.'s Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing 23andMe Holding Co.'s ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider 23andMe Holding Co.'s ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in 23andMe Holding Co.’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about 23andMe Holding Co. Stock

What is the Return on Assets (ROA) of 23andMe Holding Co. this year?

The Return on Assets (ROA) of 23andMe Holding Co. is 0 undefined this year.

What was the ROA of 23andMe Holding Co. compared to the previous year?

The ROA of 23andMe Holding Co. has increased by -100% compared to the previous year.

What consequences do high ROA have for investors of 23andMe Holding Co.?

A high ROA is advantageous for investors of 23andMe Holding Co., as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in 23andMe Holding Co.?

A low ROA can be unfavorable for investors of 23andMe Holding Co. as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of 23andMe Holding Co. affect the company?

An increase in ROA of 23andMe Holding Co. can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of 23andMe Holding Co. impact the company?

A reduction in the ROA of 23andMe Holding Co. can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of 23andMe Holding Co.?

Some factors that can influence the ROA of 23andMe Holding Co. include revenue, operating costs, asset structure, and industry average.

Why is the ROA of 23andMe Holding Co. important for investors?

The ROA of 23andMe Holding Co. is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can 23andMe Holding Co. take to improve ROA?

To improve ROA, 23andMe Holding Co. can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does 23andMe Holding Co. pay?

Over the past 12 months, 23andMe Holding Co. paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 23andMe Holding Co. is expected to pay a dividend of 0 USD.

What is the dividend yield of 23andMe Holding Co.?

The current dividend yield of 23andMe Holding Co. is .

When does 23andMe Holding Co. pay dividends?

23andMe Holding Co. pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of 23andMe Holding Co.?

23andMe Holding Co. paid dividends every year for the past 0 years.

What is the dividend of 23andMe Holding Co.?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is 23andMe Holding Co. located?

23andMe Holding Co. is assigned to the 'Health' sector.

Wann musste ich die Aktien von 23andMe Holding Co. kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of 23andMe Holding Co. from 6/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did 23andMe Holding Co. pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of 23andMe Holding Co. in the year 2023?

In the year 2023, 23andMe Holding Co. distributed 0 USD as dividends.

In which currency does 23andMe Holding Co. pay out the dividend?

The dividends of 23andMe Holding Co. are distributed in USD.

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Andere Kennzahlen von 23andMe Holding Co.

Our stock analysis for 23andMe Holding Co. Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 23andMe Holding Co. Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.