A10 Network (ATEN)

Return on assets (ROA)

		Dec 31, 2024	Sep 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
Net income (ttm)	US$ in thousands	58,581	46,749	45,738	39,970	40,083	45,727	44,517	46,908	39,606	102,379	98,579	94,887	92,000	23,578	20,770	17,816	10,026	3,735	-5,844	-17,819
Total assets	US$ in thousands	432,815	407,747	395,658	389,809	377,842	368,232	357,285	369,105	352,661	384,565	361,747	393,085	374,445	296,138	291,580	290,811	284,097	272,608	270,057	274,053
ROA		13.53%	11.47%	11.56%	10.25%	10.61%	12.42%	12.46%	12.71%	11.23%	26.62%	27.25%	24.14%	24.57%	7.96%	7.12%	6.13%	3.53%	1.37%	-2.16%	-6.50%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $58,581K ÷ $432,815K
= 13.53%

The return on assets (ROA) of A10 Network has shown a fluctuating trend over the analyzed periods. Starting from a negative ROA of -6.50% as of December 31, 2019, the company improved its performance to achieve positive ROA figures in subsequent quarters. By September 30, 2021, the ROA had surged to a notable 24.57%, indicating efficient utilization of the company's assets to generate profit.

Throughout the following quarters, the ROA continued to demonstrate strong performance, reaching a peak of 27.25% as of March 31, 2022. However, the ROA declined gradually thereafter, stabilizing around the range of 10-13% from December 31, 2023, to December 31, 2024.

Overall, the ROA of A10 Network shows a mix of positive and negative movements, with significant improvements followed by a period of stabilization at a relatively healthy range. This trend suggests that the company has been able to effectively generate profits relative to its asset base during the analyzed periods.