CEVA Inc (CEVA)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	-11,878	-23,183	396	-2,379	28
Total stockholders’ equity	US$ in thousands	264,341	258,871	276,732	260,889	251,157
ROE		-4.49%	-8.96%	0.14%	-0.91%	0.01%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-11,878K ÷ $264,341K
= -4.49%

The return on equity (ROE) for CEVA Inc has fluctuated over the past five years. In 2023, the company experienced a negative ROE of -4.49%, indicating that it generated a loss for shareholders relative to their equity investment. This was an improvement from the previous year, where the ROE was -8.96%. In 2021, the ROE improved slightly to 0.14%, signaling a small return for shareholders.

However, in both 2020 and 2019, the company had negative ROE figures of -0.91% and 0.01% respectively, with minimal returns or losses for shareholders.

Overall, the trend in ROE for CEVA Inc shows inconsistency in generating returns for shareholders, with a mix of negative and low positive ROE figures in the last five years. It is important for the company to focus on improving its profitability and operational efficiency to enhance shareholder value.