Alpha and Omega Semiconductor Ltd (AOSL)

Return on assets (ROA)

		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	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	-11,081	-9,453	-17,148	-7,888	12,364	28,559	79,116	455,777	453,163	457,611	442,061	71,966	58,116	38,472	15,877	1,969	-6,596	-3,946	994	454
Total assets	US$ in thousands	1,145,010	1,154,050	1,176,350	1,206,370	1,199,740	1,253,310	1,285,640	1,311,440	1,298,630	1,209,170	1,111,880	991,678	918,573	874,391	853,165	811,748	792,939	767,295	778,849	765,921
ROA		-0.97%	-0.82%	-1.46%	-0.65%	1.03%	2.28%	6.15%	34.75%	34.90%	37.85%	39.76%	7.26%	6.33%	4.40%	1.86%	0.24%	-0.83%	-0.51%	0.13%	0.06%

June 30, 2024 calculation

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

The return on assets (ROA) for Alpha and Omega Semiconductor Ltd has fluctuated over the past several quarters. The company experienced strong ROA values in the quarters ending December 2022, September 2022, and June 2022, with figures of 6.15%, 34.75%, and 34.90%, respectively. These high values may indicate that the company efficiently utilized its assets to generate profits during those periods.

However, the ROA declined in subsequent quarters, with negative ROA values recorded in the most recent quarters. Specifically, the ROA was -0.97% in June 2024 and -0.82% in March 2024. These negative values suggest that Alpha and Omega Semiconductor Ltd may be struggling to generate profits relative to its asset base in those periods.

It is essential for stakeholders to closely monitor the trend in ROA to assess the company's efficiency in generating profits from its assets. A declining or negative ROA could raise concerns about the company's operational effectiveness and profitability. Further analysis of the company's financial performance and strategic decisions may be necessary to understand the factors influencing its ROA trends.