CEVA Inc (CEVA)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,884 | -11,878 | -23,183 | 396 | -2,379 |
| Total stockholders’ equity | US$ in thousands | 266,556 | 264,341 | 258,871 | 276,732 | 260,889 |
| ROE | 1.83% | -4.49% | -8.96% | 0.14% | -0.91% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,884K ÷ $266,556K
= 1.83%
CEVA Inc's return on equity (ROE) has fluctuated over the past five years. In December 2020, the ROE was negative at -0.91%, indicating the company generated a net loss relative to its equity. However, by December 2021, the ROE improved to a modest 0.14%, suggesting some recovery in the company's profitability. The following year, in December 2022, the ROE fell significantly to -8.96%, indicating a substantial decline in the company's ability to generate returns on its equity.
In December 2023, the ROE further decreased to -4.49%, reflecting continued challenges in profitability. Despite these declines, there was a positive turn in December 2024, with the ROE improving to 1.83%, indicating a return to generating modest profits relative to equity.
Overall, CEVA Inc's ROE has been volatile, with periods of both negative and positive returns. The company should focus on improving its profitability and efficiency to sustainably increase its ROE in the future.
Peer comparison
Dec 31, 2024