Atlas Energy Solutions Inc. (AESI)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 59,944 | 81,279 | 106,801 |
| Total assets | US$ in thousands | 1,972,650 | 1,973,490 | 1,982,330 |
| ROA | 3.04% | 4.12% | 5.39% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $59,944K ÷ $1,972,650K
= 3.04%
Based on the data provided, Atlas Energy Solutions Inc.'s return on assets (ROA) has been showing a decreasing trend over the last three quarters. In June 30, 2024, the ROA was at 5.39%, indicating that the company generated 5.39 cents of profit for every dollar of assets it possesses. However, by September 30, 2024, the ROA decreased to 4.12%, suggesting a decline in the efficiency of asset utilization. This downward trend continued into December 31, 2024, with the ROA further dropping to 3.04%.
A declining ROA may indicate inefficiencies in the company's operations or a decrease in profitability relative to its asset base. It could be a cause for concern as it suggests that the company is earning less profit from its assets, which could impact its overall financial health and performance. Management should closely analyze the factors contributing to this trend and take appropriate actions to improve the company's asset utilization efficiency and profitability.
Peer comparison
Dec 31, 2024