Celsius Holdings Inc (CELH)
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 | 145,074 | 214,066 | 291,659 | 263,385 | 226,801 | 155,462 | -110,383 | -152,734 | -187,282 | -154,117 | 18,408 | 10,030 | 3,936 | -6,340 | 7,785 | 8,563 | 8,524 | 5,685 | 1,892 | -1,139 |
| Total assets | US$ in thousands | 1,766,880 | 1,704,320 | 1,718,890 | 1,646,140 | 1,536,400 | 1,545,620 | 1,399,250 | 1,292,270 | 1,222,070 | 1,327,650 | 349,638 | 343,924 | 314,018 | 294,978 | 241,548 | 148,178 | 131,290 | 128,099 | 98,899 | 94,928 |
| ROA | 8.21% | 12.56% | 16.97% | 16.00% | 14.76% | 10.06% | -7.89% | -11.82% | -15.32% | -11.61% | 5.26% | 2.92% | 1.25% | -2.15% | 3.22% | 5.78% | 6.49% | 4.44% | 1.91% | -1.20% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $145,074K ÷ $1,766,880K
= 8.21%
The return on assets (ROA) of Celsius Holdings Inc has fluctuated over the period, starting from a negative 1.20% as of March 31, 2020. The ROA improved steadily to reach a peak of 16.97% as of June 30, 2024, indicating efficient utilization of assets to generate profits. However, there was a subsequent decrease to 8.21% by December 31, 2024.
The overall trend suggests that Celsius Holdings Inc has been able to effectively manage its assets to generate returns, with some periods of significant improvement and occasional downturns. It would be important to further investigate the factors influencing the company's ROA performance during the periods of decline to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024