Corsair Gaming Inc (CRSR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -49,954 | 9,689 | -54,793 | 137,894 | 158,361 |
| Total assets | US$ in thousands | 1,235,830 | 1,357,460 | 1,297,240 | 1,337,400 | 1,314,120 |
| Operating ROA | -4.04% | 0.71% | -4.22% | 10.31% | 12.05% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-49,954K ÷ $1,235,830K
= -4.04%
The operating return on assets (Operating ROA) of Corsair Gaming Inc has exhibited some fluctuation over the past years based on the provided data.
As of December 31, 2020, the company's operating ROA stood at 12.05%, indicating that for every dollar of assets, Corsair Gaming generated 12.05 cents in operating income. This suggests a strong operational performance in that year.
However, by December 31, 2021, the operating ROA declined to 10.31%, signaling a decrease in the company's efficiency in generating operating income relative to its assets compared to the previous year.
The trend continued to worsen in the subsequent years, with the operating ROA falling sharply to -4.22% by December 31, 2022, implying that Corsair Gaming experienced operational losses in that period.
Nonetheless, there was a modest improvement by December 31, 2023, with the operating ROA recovering to 0.71%. This uptick suggests a slight turnaround in the company's ability to generate operating income from its assets.
Unfortunately, this positive momentum was short-lived as the operating ROA declined once again to -4.04% by December 31, 2024, reflecting a return to operational losses and inefficiency in asset utilization.
In conclusion, Corsair Gaming Inc's operating ROA has been inconsistent and volatile over the years, indicating fluctuations in the company's operational efficiency and performance in generating income in relation to its asset base.
Peer comparison
Dec 31, 2024