Arch Resources Inc (ARCH)
Operating return on assets (Operating ROA)
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 548,892 | 629,475 | 726,242 | 1,054,709 | 1,096,249 | 1,106,465 | 1,012,980 | 625,244 | 343,787 | 38,003 | -241,454 | -318,881 | -340,764 | -270,206 | 26,145 | 137,444 | 237,954 | 331,404 | 308,149 | 288,461 |
| Total assets | US$ in thousands | 2,484,170 | 2,365,860 | 2,386,900 | 2,432,660 | 2,433,110 | 2,319,860 | 2,313,650 | 2,150,880 | 2,117,160 | 1,930,950 | 1,794,950 | 1,774,160 | 1,722,470 | 1,653,340 | 1,802,390 | 1,857,510 | 1,867,760 | 1,934,600 | 1,889,530 | 1,863,200 |
| Operating ROA | 22.10% | 26.61% | 30.43% | 43.36% | 45.06% | 47.70% | 43.78% | 29.07% | 16.24% | 1.97% | -13.45% | -17.97% | -19.78% | -16.34% | 1.45% | 7.40% | 12.74% | 17.13% | 16.31% | 15.48% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $548,892K ÷ $2,484,170K
= 22.10%
Arch Resources Inc's operating return on assets (operating ROA) has shown significant volatility over the past few quarters. The trend indicates a wide range of performance levels, ranging from negative figures to positive figures.
In the most recent quarter, Dec 31, 2023, the operating ROA stands at 22.10%, which is lower than the previous quarter but still reflective of a relatively healthy operational performance. The company demonstrated a notable increase in operating ROA from Mar 31, 2023 to Dec 31, 2023, reaching a peak of 43.36% in Mar 31, 2023.
However, looking back over the past few years, the operating ROA has experienced fluctuations across the quarters, with some periods showing negative returns. It is worth noting the substantial decline in performance from Dec 31, 2020, to Jun 30, 2021, where the operating ROA went from 12.74% to -13.45%, representing a significant downturn.
Overall, the operating ROA trend for Arch Resources Inc indicates a mix of strong and weak quarters, suggesting that the company's operational efficiency and asset utilization have been inconsistent and subject to various factors impacting profitability.
Peer comparison
Dec 31, 2023