Alpha and Omega Semiconductor Ltd (AOSL)

Return on assets (ROA)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	-11,081	12,364	453,163	58,116	-6,596
Total assets	US$ in thousands	1,145,010	1,199,740	1,298,630	918,573	792,939
ROA		-0.97%	1.03%	34.90%	6.33%	-0.83%

June 30, 2024 calculation

ROA = Net income ÷ Total assets
= $-11,081K ÷ $1,145,010K
= -0.97%

Alpha and Omega Semiconductor Ltd's return on assets (ROA) has been fluctuating in recent years. In the fiscal year ending June 30, 2024, the ROA was negative at -0.97%, indicating that the company generated a net loss relative to its assets. This is a significant decline from the previous year, where the ROA was 1.03%.

The ROA was notably high at 34.90% in the fiscal year ending June 30, 2022, which suggests that the company was generating a strong return relative to its assets during that period. However, there was a decrease in the following year to 6.33%, although the ROA remained positive.

In the fiscal year ending June 30, 2020, the ROA was negative at -0.83%, indicating a period of poor performance relative to the utilization of assets.

Overall, the trend in Alpha and Omega Semiconductor Ltd's ROA shows variability in the company's ability to generate profits from its assets. Further analysis of the factors impacting the company's profitability and asset utilization would be necessary to understand the reasons behind these fluctuations.