Calix Inc (CALX)
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 | -29,747 | -15,965 | 4,956 | 22,287 | 31,782 | 47,851 | 44,341 | 42,489 | 41,010 | 48,964 | 212,945 | 225,882 | 238,378 | 242,599 | 85,713 | 61,043 | 33,484 | 9,879 | -14,038 | -14,871 |
| Total assets | US$ in thousands | 939,267 | 937,525 | 917,896 | 922,788 | 941,865 | 926,660 | 941,768 | 914,827 | 884,835 | 866,879 | 792,812 | 775,246 | 742,032 | 695,717 | 507,835 | 468,135 | 427,352 | 385,333 | 321,314 | 324,054 |
| ROA | -3.17% | -1.70% | 0.54% | 2.42% | 3.37% | 5.16% | 4.71% | 4.64% | 4.63% | 5.65% | 26.86% | 29.14% | 32.13% | 34.87% | 16.88% | 13.04% | 7.84% | 2.56% | -4.37% | -4.59% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-29,747K ÷ $939,267K
= -3.17%
The Return on Assets (ROA) of Calix Inc has shown a fluctuating trend over the past few years. The company's ROA was negative in the first half of 2020, indicating that the company was not effectively utilizing its assets to generate profits. However, there was a significant improvement in the ROA by the end of 2020, with a value of 7.84%.
Subsequently, the ROA continued to improve in 2021, reaching a peak of 34.87% in September 2021. This suggests that Calix Inc was efficiently using its assets to generate profits during this period. However, the ROA started declining from the end of 2021 through 2024, indicating a decrease in profitability relative to its assets.
It is important for Calix Inc to closely monitor and analyze the factors affecting its ROA to ensure that the company is efficiently utilizing its assets to generate profits and maintain sustainable growth in the future.
Peer comparison
Dec 31, 2024