Hologic Stock Return On Asset

HOLX Stock

USD 78.04 0.53 0.67%

Hologic fundamentals help investors to digest information that contributes to Hologic's financial success or failures. It also enables traders to predict the movement of Hologic Stock. The fundamental analysis module provides a way to measure Hologic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hologic stock.

Short Long Term Debt Total Total Assets

Return On Assets is likely to rise to 0.09 in 2024.

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Hologic Company Return On Asset Analysis

Hologic's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Hologic Return On Asset

0.0645

Most of Hologic's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hologic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hologic Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Hologic is extremely important. It helps to project a fair market value of Hologic Stock properly, considering its historical fundamentals such as Return On Asset. Since Hologic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hologic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hologic's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Short Term Debt	Short Term Investments	Common Stock	Long Term Debt	Treasury Stock	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.71	0.28	0.08	0.51	0.69	0.63	0.37	0.08	0.14	0.8	0.75	-0.36	0.5	0.8	0.71	0.91	0.07	0.6	0.57	-0.03	-0.75	0.02	-0.24	-0.14	0.37	0.31
Total Stockholder Equity	0.71		-0.46	0.73	0.58	0.0	0.97	0.71	-0.19	0.57	0.53	0.13	-0.88	-0.21	0.59	0.65	0.61	0.73	0.05	0.84	-0.63	-0.46	-0.02	-0.46	-0.4	0.9	0.71
Net Debt	0.28	-0.46		-0.9	-0.06	0.85	-0.55	-0.49	0.39	-0.61	0.3	0.74	0.73	0.9	0.22	0.04	0.33	-0.9	0.64	-0.41	0.78	-0.33	0.13	0.3	0.41	-0.76	-0.58
Retained Earnings	0.08	0.73	-0.9		0.24	-0.61	0.77	0.6	-0.43	0.69	-0.09	-0.46	-0.87	-0.72	0.04	0.13	0.01	0.92	-0.36	0.58	-0.74	0.19	-0.19	-0.39	-0.41	0.9	0.71
Net Receivables	0.51	0.58	-0.06	0.24		0.16	0.6	0.3	0.14	0.12	0.64	0.15	-0.64	-0.16	0.62	0.77	0.51	0.45	-0.11	0.6	-0.61	-0.66	0.17	-0.37	-0.05	0.49	0.2
Total Liab	0.69	0.0	0.85	-0.61	0.16		-0.08	-0.28	0.32	-0.48	0.67	0.94	0.34	0.88	0.64	0.43	0.73	-0.63	0.76	0.0	0.57	-0.62	0.05	0.1	0.2	-0.38	-0.3
Total Current Assets	0.63	0.97	-0.55	0.77	0.6	-0.08		0.67	-0.25	0.56	0.49	0.06	-0.93	-0.33	0.55	0.63	0.51	0.8	0.0	0.84	-0.71	-0.44	-0.13	-0.41	-0.42	0.94	0.69
Accounts Payable	0.37	0.71	-0.49	0.6	0.3	-0.28	0.67		-0.28	0.93	0.21	-0.11	-0.6	-0.27	0.24	0.3	0.22	0.66	-0.02	0.79	-0.56	-0.15	0.04	-0.28	-0.57	0.75	0.93
Short Term Debt	0.08	-0.19	0.39	-0.43	0.14	0.32	-0.25	-0.28		-0.44	0.28	0.01	0.26	0.31	0.22	0.24	0.16	-0.32	-0.25	-0.17	0.19	-0.4	0.86	-0.26	0.15	-0.39	-0.38
Short Term Investments	0.14	0.57	-0.61	0.69	0.12	-0.48	0.56	0.93	-0.44		-0.09	-0.27	-0.55	-0.4	-0.01	0.02	-0.02	0.67	-0.07	0.65	-0.5	0.17	-0.13	-0.23	-0.52	0.72	0.93
Common Stock	0.8	0.53	0.3	-0.09	0.64	0.67	0.49	0.21	0.28	-0.09		0.63	-0.33	0.32	0.96	0.95	0.9	0.08	0.3	0.64	-0.19	-0.89	0.2	-0.26	-0.17	0.25	0.19
Long Term Debt	0.75	0.13	0.74	-0.46	0.15	0.94	0.06	-0.11	0.01	-0.27	0.63		0.22	0.82	0.62	0.4	0.74	-0.51	0.9	0.12	0.49	-0.56	-0.22	0.19	0.09	-0.2	-0.12
Treasury Stock	-0.36	-0.88	0.73	-0.87	-0.64	0.34	-0.93	-0.6	0.26	-0.55	-0.33	0.22		0.61	-0.39	-0.56	-0.3	-0.93	0.31	-0.79	0.89	0.27	0.1	0.45	0.38	-0.96	-0.64
Intangible Assets	0.5	-0.21	0.9	-0.72	-0.16	0.88	-0.33	-0.27	0.31	-0.4	0.32	0.82	0.61		0.26	0.04	0.45	-0.81	0.78	-0.28	0.8	-0.38	0.09	0.16	0.32	-0.57	-0.36
Property Plant Equipment	0.8	0.59	0.22	0.04	0.62	0.64	0.55	0.24	0.22	-0.01	0.96	0.62	-0.39	0.26		0.92	0.93	0.13	0.34	0.69	-0.18	-0.76	0.15	-0.24	-0.3	0.32	0.3
Current Deferred Revenue	0.71	0.65	0.04	0.13	0.77	0.43	0.63	0.3	0.24	0.02	0.95	0.4	-0.56	0.04	0.92		0.81	0.34	0.05	0.75	-0.46	-0.85	0.24	-0.34	-0.24	0.45	0.29
Good Will	0.91	0.61	0.33	0.01	0.51	0.73	0.51	0.22	0.16	-0.02	0.9	0.74	-0.3	0.45	0.93	0.81		0.01	0.51	0.58	-0.01	-0.71	0.11	-0.24	-0.15	0.26	0.25
Net Tangible Assets	0.07	0.73	-0.9	0.92	0.45	-0.63	0.8	0.66	-0.32	0.67	0.08	-0.51	-0.93	-0.81	0.13	0.34	0.01		-0.51	0.7	-0.94	-0.04	-0.07	-0.39	-0.46	0.93	0.69
Long Term Debt Total	0.6	0.05	0.64	-0.36	-0.11	0.76	0.0	-0.02	-0.25	-0.07	0.3	0.9	0.31	0.78	0.34	0.05	0.51	-0.51		0.01	0.6	-0.23	-0.43	0.34	0.01	-0.19	-0.01
Capital Surpluse	0.57	0.84	-0.41	0.58	0.6	0.0	0.84	0.79	-0.17	0.65	0.64	0.12	-0.79	-0.28	0.69	0.75	0.58	0.7	0.01		-0.66	-0.47	0.0	-0.35	-0.56	0.82	0.83
Deferred Long Term Liab	-0.03	-0.63	0.78	-0.74	-0.61	0.57	-0.71	-0.56	0.19	-0.5	-0.19	0.49	0.89	0.8	-0.18	-0.46	-0.01	-0.94	0.6	-0.66		0.18	-0.04	0.34	0.37	-0.83	-0.53
Accumulated Depreciation	-0.75	-0.46	-0.33	0.19	-0.66	-0.62	-0.44	-0.15	-0.4	0.17	-0.89	-0.56	0.27	-0.38	-0.76	-0.85	-0.71	-0.04	-0.23	-0.47	0.18		-0.26	0.25	0.01	-0.19	-0.01
Short Long Term Debt	0.02	-0.02	0.13	-0.19	0.17	0.05	-0.13	0.04	0.86	-0.13	0.2	-0.22	0.1	0.09	0.15	0.24	0.11	-0.07	-0.43	0.0	-0.04	-0.26		-0.39	-0.05	-0.19	-0.11
Long Term Investments	-0.24	-0.46	0.3	-0.39	-0.37	0.1	-0.41	-0.28	-0.26	-0.23	-0.26	0.19	0.45	0.16	-0.24	-0.34	-0.24	-0.39	0.34	-0.35	0.34	0.25	-0.39		-0.05	-0.35	-0.26
Net Invested Capital	-0.14	-0.4	0.41	-0.41	-0.05	0.2	-0.42	-0.57	0.15	-0.52	-0.17	0.09	0.38	0.32	-0.3	-0.24	-0.15	-0.46	0.01	-0.56	0.37	0.01	-0.05	-0.05		-0.48	-0.63
Net Working Capital	0.37	0.9	-0.76	0.9	0.49	-0.38	0.94	0.75	-0.39	0.72	0.25	-0.2	-0.96	-0.57	0.32	0.45	0.26	0.93	-0.19	0.82	-0.83	-0.19	-0.19	-0.35	-0.48		0.79
Capital Stock	0.31	0.71	-0.58	0.71	0.2	-0.3	0.69	0.93	-0.38	0.93	0.19	-0.12	-0.64	-0.36	0.3	0.29	0.25	0.69	-0.01	0.83	-0.53	-0.01	-0.11	-0.26	-0.63	0.79

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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

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Hologic Total Assets

Total Assets

9.61 Billion

At this time, Hologic's Total Assets are fairly stable compared to the past year.

Based on the latest financial disclosure, Hologic has a Return On Asset of 0.0645. This is 100.74% lower than that of the Health Care Equipment & Supplies sector and 100.22% lower than that of the Health Care industry. The return on asset for all United States stocks is 146.07% lower than that of the firm.

Hologic Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hologic's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hologic could also be used in its relative valuation, which is a method of valuing Hologic by comparing valuation metrics of similar companies.

Hologic is currently under evaluation in return on asset category among its peers.

Hologic ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hologic's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hologic's managers, analysts, and investors.

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Governance

Social

Hologic Fundamentals

	Return On Equity	0.14
	Return On Asset	0.0645
	Profit Margin	0.18 %
	Operating Margin	0.24 %
	Current Valuation	18.33 B
	Shares Outstanding	232.27 M
	Shares Owned By Insiders	0.78 %
	Shares Owned By Institutions	99.22 %
	Number Of Shares Shorted	4.85 M
	Price To Earning	10.21 X
	Price To Book	3.53 X
	Price To Sales	4.59 X
	Revenue	4.03 B
	Gross Profit	2.48 B
	EBITDA	1.3 B
	Net Income	789.5 M
	Cash And Equivalents	2.39 B
	Cash Per Share	9.59 X
	Total Debt	2.53 B
	Debt To Equity	0.57 %
	Current Ratio	3.90 X
	Book Value Per Share	21.34 X
	Cash Flow From Operations	1.29 B
	Short Ratio	3.63 X
	Earnings Per Share	3.32 X
	Price To Earnings To Growth	1.26 X
	Target Price	87.22
	Number Of Employees	6.99 K
	Beta	0.99
	Market Capitalization	18.28 B
	Total Asset	9.16 B
	Retained Earnings	2.06 B
	Working Capital	2.98 B
	Current Asset	137.94 M
	Current Liabilities	39.47 M
	Net Asset	9.16 B

About Hologic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hologic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hologic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hologic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Hologic Stock Analysis

When running Hologic's price analysis, check to measure Hologic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hologic is operating at the current time. Most of Hologic's value examination focuses on studying past and present price action to predict the probability of Hologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hologic's price. Additionally, you may evaluate how the addition of Hologic to your portfolios can decrease your overall portfolio volatility.

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Hologic Stock Return On Asset

Hologic Company Return On Asset Analysis

Return On Asset

Net Income

Total Assets

Current Hologic Return On Asset

Hologic Return On Asset Driver Correlations

Hologic Total Assets

Total Assets

9.61 Billion

Hologic Return On Asset Peer Comparison

Hologic ESG Sustainability

Hologic Fundamentals

About Hologic Fundamental Analysis

Also Currently Popular

Additional Tools for Hologic Stock Analysis

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