Corsair Gaming Inc (CRSR)
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 | -91,541 | -86,846 | -38,217 | -13,118 | -2,226 | -2,498 | -5,364 | -60,276 | -61,908 | -43,902 | -36,180 | 50,957 | 100,960 | 119,288 | 153,868 | 148,723 | 103,217 | 66,186 | 31,348 | 1,316 |
| Total assets | US$ in thousands | 1,235,830 | 1,202,670 | 1,234,240 | 1,257,190 | 1,357,460 | 1,338,150 | 1,318,960 | 1,297,320 | 1,297,240 | 1,183,270 | 1,231,890 | 1,319,420 | 1,337,400 | 1,341,690 | 1,378,400 | 1,333,430 | 1,314,120 | 1,255,720 | 1,126,900 | 1,022,420 |
| ROA | -7.41% | -7.22% | -3.10% | -1.04% | -0.16% | -0.19% | -0.41% | -4.65% | -4.77% | -3.71% | -2.94% | 3.86% | 7.55% | 8.89% | 11.16% | 11.15% | 7.85% | 5.27% | 2.78% | 0.13% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-91,541K ÷ $1,235,830K
= -7.41%
The Return on Assets (ROA) for Corsair Gaming Inc has fluctuated over the past few years, indicating the company's effectiveness in generating profits from its assets.
From March 31, 2020, to June 30, 2021, the ROA steadily increased from 0.13% to 11.16%, reflecting improved profitability relative to its asset base. However, from September 30, 2021, to December 31, 2024, the ROA started to decline, indicating a decrease in the company's efficiency in utilizing its assets to generate earnings.
The highest ROA of 11.16% was recorded on June 30, 2021, while the lowest ROA of -7.41% was observed on December 31, 2024. This decline in ROA suggests that the company may be facing challenges in effectively utilizing its assets to generate profits, which could impact its overall financial performance. Further analysis of the company's asset management and profitability strategies may be necessary to address this decline in ROA.
Peer comparison
Dec 31, 2024