Amphastar P (AMPH)

Return on assets (ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	159,519	157,722	166,515	154,690	137,545	135,291	101,943	93,165	91,386	77,233	90,907	81,328	62,116	36,083	10,454	2,495	1,403	6,650	4,041	52,020
Total assets	US$ in thousands	1,577,470	1,545,180	1,491,520	1,574,320	1,512,910	1,544,630	1,378,270	773,656	741,987	726,695	723,719	716,238	671,529	651,677	665,745	645,738	631,236	613,718	600,058	572,831
ROA		10.11%	10.21%	11.16%	9.83%	9.09%	8.76%	7.40%	12.04%	12.32%	10.63%	12.56%	11.35%	9.25%	5.54%	1.57%	0.39%	0.22%	1.08%	0.67%	9.08%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $159,519K ÷ $1,577,470K
= 10.11%

Return on assets (ROA) is a financial ratio that measures a company's ability to generate profit from its assets. For Amphastar P, analyzing the ROA over the past few years provides insights into the company's operational efficiency and profitability.

- Between March 31, 2020, and September 30, 2021, the ROA fluctuated, ranging from a low of 0.22% to a high of 9.25%. This indicates volatility in the company's profitability relative to its total assets during this period.

- From March 31, 2022, to June 30, 2024, the ROA showed a more stable trend, consistently staying above 10% except for a dip to 7.40% on June 30, 2023. This signifies improved efficiency in utilizing assets to generate profits during these quarters.

- The highest ROA was observed on June 30, 2022, at 12.56%, indicating a peak in profitability relative to total assets during the analyzed period.

- On the other hand, the lowest ROA during this period was seen on March 31, 2021, at 0.39%, reflecting a temporary decline in the company's ability to generate profits from its assets.

Overall, the trend in Amphastar P's ROA suggests that the company has shown varying levels of profitability efficiency over the analyzed quarters, with a notable improvement in recent years leading to a more stable and relatively high ROA. This implies that the company has been effectively utilizing its assets to generate profits, which is a positive indicator of financial health and operational performance.