Core Natural Resources, Inc. (CNR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 286,405 | 655,892 | 466,979 | 34,110 | -9,755 |
| Total assets | US$ in thousands | 3,036,610 | 2,675,000 | 2,704,380 | 2,573,520 | 5,478,490 |
| ROA | 9.43% | 24.52% | 17.27% | 1.33% | -0.18% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $286,405K ÷ $3,036,610K
= 9.43%
Core Natural Resources, Inc.'s return on assets (ROA) has shown significant improvement over the past years. The ROA was negative in December 31, 2020, at -0.18%, indicating that the company had generated a net loss relative to its total assets. However, there was a notable turnaround in December 31, 2021, with the ROA improving to 1.33%, reflecting a positive return on assets.
The trend continued to strengthen in the following years, with ROA reaching 17.27% by December 31, 2022, and further increasing to 24.52% by December 31, 2023. This substantial growth suggests that Core Natural Resources, Inc. has been effectively utilizing its assets to generate profits.
However, there was a slight decline in ROA to 9.43% by December 31, 2024, compared to the previous year. Despite this dip, the overall trajectory indicates that the company has been able to enhance its asset efficiency and profitability over the analyzed period. Core Natural Resources, Inc. should continue monitoring its ROA to ensure sustained positive returns on its assets in the future.
Peer comparison
Dec 31, 2024