Atlas Energy Solutions Inc. (AESI)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 132,435 | 182,522 | |||
| Total assets | US$ in thousands | 1,973,490 | 1,982,330 | 1,941,680 | 1,261,690 | 1,239,270 |
| Operating ROA | 6.71% | 9.21% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $132,435K ÷ $1,973,490K
= 6.71%
Operating Return on Assets (Operating ROA) is a key financial ratio that indicates how efficiently a company is generating profits from its assets used in its core operations. Calculated as operating income divided by average total assets, operating ROA reflects the company's ability to generate profits from its asset base.
Based on the provided data, Atlas Energy Solutions Inc.'s Operating ROA for the last two reported periods was 6.71% for September 30, 2024, and 9.21% for June 30, 2024. A declining trend is observed in the operating ROA over these two periods, indicating a decrease in the company's efficiency in generating operating profits from its assets.
It is worth noting that comparing the operating ROA figures to industry benchmarks and the company's historical performance can provide further insights into the company's operational efficiency and profitability. Additionally, analyzing the components of operating income and the composition of total assets can help identify areas for improvement in enhancing the company's operating ROA in the future.
Peer comparison
Sep 30, 2024