Aspen Technology Inc (AZPN)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -89,539 | -122,763 | -181,942 | -192,094 | -183,065 | -152,893 | -77,163 | |||
| Total assets | US$ in thousands | 14,071,700 | 14,109,400 | 14,227,800 | 14,240,700 | 14,486,100 | 14,566,900 | 14,900,700 | 14,971,400 | 14,969,900 | 0 |
| Operating ROA | -0.64% | -0.87% | -1.28% | -1.35% | -1.26% | -1.05% | -0.52% |
June 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-89,539K ÷ $14,071,700K
= -0.64%
Aspen Technology Inc's operating return on assets (ROA) has displayed a trend of decline over the past year and a half. The operating ROA figures have been consistently negative, indicating that the company's operating income generated from its assets has been insufficient to cover the asset base.
The operating ROA deteriorated from -0.52% in December 2022 to -0.64% in June 2024, marking a downward trajectory. This suggests that Aspen Technology Inc's operational efficiency and/or profitability have been weakening during this period.
A negative operating ROA implies that the company is experiencing operational challenges in generating profits from its assets. It may indicate inefficiencies in asset utilization, high operating costs relative to revenues, or other operational issues that are impacting the company's financial performance.
Investors and stakeholders should closely monitor Aspen Technology Inc's efforts to improve its operating ROA by enhancing operational efficiency, optimizing asset utilization, and addressing any underlying issues affecting profitability.
Peer comparison
Jun 30, 2024