Psychemedics

Psychemedics ROA

The Return on Assets (ROA) of Psychemedics (PMDI) as of Oct 27, 2026 is -22.37 %. In the previous year, Return on Assets (ROA) was -33.70 % — a change of -33.61% (higher).

ROA

-22.37 %

YoY

-33.61%

Last updated:

In 2024, Psychemedics's return on assets (ROA) was -22.37 %, a -33.61% increase from the -33.70 % ROA in the previous year.

The Psychemedics ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
23.09 USD
Jan 1, 2018
18.34 USD
Jan 1, 2019
5.59 USD
Jan 1, 2020
-16.08 USD
Jan 1, 2021
-3.09 USD
Jan 1, 2022
-5.79 USD
Jan 1, 2023
-33.70 USD
Jan 1, 2024
-22.37 USD
The Psychemedics ROA history
YEARROAYoY
-22.37 %-33.61%
-33.70 %+482.37%
-5.79 %+87.55%
-3.09 %-80.81%
-16.08 %-387.41%
5.59 %-69.50%
18.34 %-20.55%
23.09 %-13.50%
26.69 %+289.54%
6.85 %-48.61%
13.33 %—

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Psychemedics Stock analysis

What does Psychemedics do? Psychemedics Corp provides drug testing services analyzing hair samples for drug presence, offering historical usage patterns and approximate drug intake levels. The company charges customers a per-unit fee for each tested sample, including training for sample collection and storage of positive results. Their primary service targets clients needing drug testing solutions, particularly in sectors requiring regular monitoring of substance use. The firm's technology focuses on hair analysis to deliver detailed insights into drug consumption over time. Psychemedics Corp's revenue model is based on per-unit testing fees, with services including sample collection training and storage of positive samples. Customers pay for each sample tested, leveraging the company's hair analysis technology to monitor drug use patterns. The business operates within the drug testing services segment, serving clients who require reliable and historical data on substance abuse. The company's drug testing services are designed for customers seeking detailed historical data on drug use, with results indicating both the amount ingested and usage patterns over time. Psychemedics Corp generates income through fixed fees per sample tested, covering the full service including sample collection training and positive sample storage. Their focus remains on delivering accurate, long-term drug usage insights through hair analysis. Psychemedics is one of the most popular companies on Eulerpool.

ROA Details

Understanding Psychemedics's Return on Assets (ROA)

Psychemedics'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 Psychemedics'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 Psychemedics'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 Psychemedics’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 Psychemedics stock

Return on Assets (ROA) of Psychemedics is -22.37 % in 2024.

Return on Assets (ROA) of Psychemedics changed from -33.70 % to -22.37 %, representing a -33.61% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Psychemedics since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Psychemedics with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Psychemedics

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