Cable One Inc (CABO)
Return on assets (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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 33,968 | 254,500 | 249,757 | 257,354 | 267,438 | 88,617 | 119,752 | 133,751 | 247,801 | 376,163 | 357,811 | 394,719 | 291,825 | 333,228 | 347,260 | 303,647 | 304,391 | 251,766 | 235,314 | 209,169 |
| Total assets | US$ in thousands | 6,525,900 | 6,660,680 | 6,827,640 | 6,840,180 | 6,846,930 | 6,911,780 | 6,882,740 | 6,879,350 | 6,913,890 | 6,932,250 | 6,895,080 | 6,959,420 | 6,953,990 | 6,900,600 | 6,830,000 | 5,432,260 | 4,488,340 | 3,826,810 | 3,743,450 | 3,298,360 |
| ROA | 0.52% | 3.82% | 3.66% | 3.76% | 3.91% | 1.28% | 1.74% | 1.94% | 3.58% | 5.43% | 5.19% | 5.67% | 4.20% | 4.83% | 5.08% | 5.59% | 6.78% | 6.58% | 6.29% | 6.34% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $33,968K ÷ $6,525,900K
= 0.52%
The return on assets (ROA) for Cable One Inc has fluctuated over the past few years, indicating varying levels of efficiency in generating profits from its assets.
From March 31, 2020, to December 31, 2022, the ROA stayed relatively stable, ranging between 6.34% and 3.58%. During this period, the company seemed to be effectively utilizing its assets to generate profits.
However, from March 31, 2023, to December 31, 2024, there was a significant decline in ROA, with the ratio dropping from 3.91% to 0.52%. This downward trend suggests a decrease in the company's ability to generate profits from its assets, possibly indicating inefficiencies in asset management or declining profitability.
Overall, Cable One Inc's ROA has shown a mixed performance, with periods of stable performance followed by a decline in profitability relative to its asset base. Further analysis would be needed to understand the underlying reasons for these fluctuations and to assess the company's overall operational efficiency and financial health.
Peer comparison
Dec 31, 2024