Bill Com Holdings Inc (BILL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -79,254 | -125,218 | -174,167 | -193,341 | -219,937 | -264,726 | -295,773 | -337,730 | -366,695 | -330,307 | -316,818 | -304,182 | -236,295 | -174,391 | -113,967 | -53,509 | -47,928 | -41,695 |
| Total assets | US$ in thousands | 9,674,210 | 9,045,060 | 9,178,810 | 9,122,260 | 9,872,410 | 9,620,380 | 9,636,020 | 9,380,880 | 9,738,270 | 9,253,100 | 9,256,030 | 9,183,840 | 9,510,960 | 8,564,200 | 5,969,170 | 3,800,160 | 4,082,420 | 2,479,210 |
| Operating ROA | -0.82% | -1.38% | -1.90% | -2.12% | -2.23% | -2.75% | -3.07% | -3.60% | -3.77% | -3.57% | -3.42% | -3.31% | -2.48% | -2.04% | -1.91% | -1.41% | -1.17% | -1.68% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-79,254K ÷ $9,674,210K
= -0.82%
Operating ROA is a key financial metric that indicates the efficiency of a company in generating profits from its assets used in operations. In the case of Bill Com Holdings Inc, the trend in operating ROA over the past few years shows a consistent decline.
From September 30, 2020, to December 31, 2024, the operating ROA decreased from -1.68% to -0.82%, reflecting a downward trend. This decline indicates that the company's ability to generate operating profits from its assets has weakened over this period.
The negative values of operating ROA suggest that Bill Com Holdings Inc is experiencing challenges in effectively utilizing its assets to generate operating income. A declining operating ROA can be a cause for concern as it may indicate inefficiencies in operations, financial management, or the need for operational improvements to enhance profitability.
Investors and stakeholders closely monitor operating ROA as it provides insight into the company's operational efficiency and profitability. The management of Bill Com Holdings Inc may need to review its operational strategies, cost management practices, and asset utilization to reverse the declining trend and improve its operating ROA in the future.
Peer comparison
Dec 31, 2024