Cohu Inc (COHU)

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 -69,818 -50,488 -28,517 -2,164 28,156 51,812 72,779 90,963 96,847 96,108 94,959 161,287 167,325 161,297 130,918 31,082 -13,801 -45,928 -49,750 -64,333
Total assets US$ in thousands 999,415 1,032,350 1,039,030 1,074,450 1,150,350 1,167,520 1,188,060 1,187,600 1,227,410 1,197,920 1,239,400 1,243,340 1,259,040 1,272,870 1,371,730 1,258,760 1,095,510 1,046,350 1,066,580 1,072,160
ROA -6.99% -4.89% -2.74% -0.20% 2.45% 4.44% 6.13% 7.66% 7.89% 8.02% 7.66% 12.97% 13.29% 12.67% 9.54% 2.47% -1.26% -4.39% -4.66% -6.00%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-69,818K ÷ $999,415K
= -6.99%

Based on the provided data, Cohu Inc's return on assets (ROA) has fluctuated over the past few quarters. The ROA was negative in the first four quarters of the dataset, indicating that the company was not generating significant profits relative to its assets during that period. However, starting from March 31, 2021, the ROA turned positive and showed a consistent improvement until reaching a peak of 13.29% on December 31, 2021.

Subsequently, the ROA experienced slight fluctuations but generally maintained a positive trend, indicating that Cohu Inc was able to generate more profit from its assets during that time frame. The ROA declined towards the end of the dataset, dropping to -6.99% on December 31, 2024.

Overall, the positive trend in ROA from March 31, 2021, to December 31, 2021, suggests that Cohu Inc was effectively utilizing its assets to generate profits during that period. However, the decline in ROA towards the end of the dataset may indicate potential challenges or changes in the company's financial performance. Further analysis and evaluation of the company's financial strategies and operational efficiency would be necessary to understand the factors influencing Cohu Inc's return on assets.