Core Natural Resources, Inc. (CNR)
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 | 286,405 | 412,651 | 417,744 | 527,406 | 655,892 | 691,842 | 743,238 | 701,806 | 466,979 | 391,285 | 125,375 | 3,256 | 34,110 | -70,128 | 74,177 | 52,022 | 27,985 | 28,846 | 2,670 | 63,933 |
| Total assets | US$ in thousands | 2,879,540 | 7,439,390 | 7,370,670 | 2,680,120 | 2,675,000 | 2,659,520 | 2,678,350 | 2,695,310 | 2,704,380 | 2,722,280 | 6,438,460 | 6,031,660 | 5,827,460 | 5,731,100 | 5,254,060 | 5,528,310 | 5,478,490 | 5,474,980 | 5,337,840 | 5,392,430 |
| ROA | 9.95% | 5.55% | 5.67% | 19.68% | 24.52% | 26.01% | 27.75% | 26.04% | 17.27% | 14.37% | 1.95% | 0.05% | 0.59% | -1.22% | 1.41% | 0.94% | 0.51% | 0.53% | 0.05% | 1.19% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $286,405K ÷ $2,879,540K
= 9.95%
Core Natural Resources, Inc.'s return on assets (ROA) has shown fluctuations over the past few years. The ROA was relatively stable between 2020 and 2021, fluctuating between 0.05% and 1.41%. However, in the third quarter of 2021, the ROA declined significantly to -1.22%, indicating a period of negative returns relative to the company's total assets.
Subsequently, the ROA began to improve dramatically, reaching a peak of 27.75% in the second quarter of 2023. This surge in ROA suggests that Core Natural Resources, Inc. was able to generate higher returns on its assets during this period.
In the following quarters, the ROA maintained a relatively high level above 19%, indicating continued profitability and effective asset utilization by the company. By the end of 2024, Core Natural Resources, Inc.'s ROA stood at 9.95%, showing a positive trend in generating returns relative to its assets.
Overall, the analysis of Core Natural Resources, Inc.'s ROA demonstrates fluctuations in performance over time, with periods of both challenges and significant improvement in asset management and profitability.
Peer comparison
Dec 31, 2024