CEVA Inc (CEVA)

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	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	-8,152	-11,013	-11,106	-17,118	-14,398	-13,181	-6,928	-75	4,144	7,270	5,428	6,437	3,508	4,359	2,667	-430	-763	288	19	-655
Total assets	US$ in thousands	308,948	304,891	300,402	301,439	304,085	295,987	300,273	311,134	308,442	294,814	319,407	335,040	328,659	317,711	310,625	315,533	306,952	301,564	296,306	295,917
Operating ROA		-2.64%	-3.61%	-3.70%	-5.68%	-4.73%	-4.45%	-2.31%	-0.02%	1.34%	2.47%	1.70%	1.92%	1.07%	1.37%	0.86%	-0.14%	-0.25%	0.10%	0.01%	-0.22%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-8,152K ÷ $308,948K
= -2.64%

CEVA Inc's operating return on assets (operating ROA) has shown fluctuations over the past few years, ranging from negative figures to positive percentages. The trend indicates mixed performance in utilizing its assets to generate operating profits.

From March 31, 2020, to September 30, 2021, the operating ROA increased steadily from negative values to reach a peak of 1.37% in September 2021. This upward trend suggested improving operational efficiency and profitability.

However, from March 31, 2022, onwards, there was a decline in the operating ROA, reaching negative values by December 31, 2024. This decline could indicate challenges in effectively utilizing assets to generate operating income, leading to decreased profitability.

Overall, CEVA Inc's operating ROA reflects a mixed performance, with periods of improvement followed by declines. Further analysis of the company's operational strategies and financial performance may be necessary to understand the reasons behind these fluctuations.