Celsius Holdings Inc (CELH)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 155,728 | 266,366 | -157,801 | -4,090 | 7,912 |
| Total assets | US$ in thousands | 1,766,880 | 1,536,400 | 1,222,070 | 314,018 | 131,290 |
| Operating ROA | 8.81% | 17.34% | -12.91% | -1.30% | 6.03% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $155,728K ÷ $1,766,880K
= 8.81%
Celsius Holdings Inc's operating return on assets (ROA) shows fluctuations over the years. The trend indicates that the company's operating efficiency and profitability vary significantly.
On December 31, 2020, Celsius Holdings Inc had an operating ROA of 6.03%, demonstrating a relatively decent performance in utilizing its assets to generate operating income.
However, by December 31, 2021, the operating ROA decreased significantly to -1.30%, indicating that the company may not have been effectively utilizing its assets to generate operating profits.
The trend continued to worsen in 2022, with the operating ROA dropping to -12.91%, implying operational challenges that impacted the company's profitability.
By December 31, 2023, there was a notable recovery as the operating ROA surged to 17.34%, suggesting improved efficiency in generating operating income from its assets.
In 2024, Celsius Holdings Inc maintained a positive trajectory with an operating ROA of 8.81%, indicating continued efforts to enhance operational performance and profitability.
Overall, the fluctuating pattern in Celsius Holdings Inc's operating ROA signifies the company's varying ability to efficiently generate operating income relative to its assets over the years, highlighting the importance of closely monitoring operational efficiency and profitability metrics.
Peer comparison
Dec 31, 2024