A10 Network (ATEN)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	39,970	46,908	94,887	17,816	-17,819
Total assets	US$ in thousands	389,809	369,105	393,085	290,811	274,053
ROA		10.25%	12.71%	24.14%	6.13%	-6.50%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $39,970K ÷ $389,809K
= 10.25%

The return on assets (ROA) of A10 Networks Inc has fluctuated over the past five years. In 2023, the ROA stands at 10.25%, showing a slight decrease from the previous year's 12.71%. However, it is important to note that the ROA in 2023 is still positive, indicating that the company is generating profit from its assets.

Looking further back, the ROA was highest in 2021 at 24.14%, indicating that the company was generating significant returns relative to its assets that year. In 2020, the ROA decreased to 6.13%, reflecting a drop in profitability from the previous year.

The most significant drop in ROA was seen in 2019 when it was negative at -6.50%, suggesting that the company was not effectively utilizing its assets to generate profits and may have incurred losses.

Overall, A10 Networks Inc's ROA has shown a mix of positive and negative trends over the past five years, with variations in profitability levels. Investors and stakeholders should continue to monitor the company's ROA to assess its efficiency in generating profits from its assets.