Cirrus Logic Inc (CRUS)

Return on assets (ROA)

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 23, 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
Net income (ttm)	US$ in thousands	331,507	305,082	327,800	301,067	334,379	305,137	112,745	140,815	152,596	176,703	326,786	350,945	348,853	326,355	255,222	241,954	216,344	217,344	202,221	156,365
Total assets	US$ in thousands	2,327,070	2,363,240	2,356,140	2,265,620	2,231,580	2,217,110	2,104,450	2,104,450	2,056,590	2,063,970	2,165,890	2,164,070	2,105,900	2,123,400	2,068,120	2,226,160	1,814,010	1,830,610	1,825,630	1,699,860
ROA		14.25%	12.91%	13.91%	13.29%	14.98%	13.76%	5.36%	6.69%	7.42%	8.56%	15.09%	16.22%	16.57%	15.37%	12.34%	10.87%	11.93%	11.87%	11.08%	9.20%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $331,507K ÷ $2,327,070K
= 14.25%

Cirrus Logic Inc's return on assets (ROA) has shown fluctuation over the analyzed period. At the beginning of the period, the ROA was 9.20% as of September 30, 2020, gradually increasing to 16.57% by June 30, 2022. The company's ROA reached its peak at 16.57% during this time frame, indicating an efficient utilization of assets to generate profits.

However, there was a slight decline in the ROA to 5.36% as of September 30, 2023, which could be a cause for concern. This decline may suggest a decrease in the company's ability to generate earnings from its assets during this period.

Subsequently, the ROA recovered and showed an upward trend, reaching 14.25% as of March 31, 2025. This increase indicates an improvement in the company's ability to generate profits relative to its assets compared to the previous periods.

Overall, Cirrus Logic Inc's ROA performance demonstrates a mix of ups and downs over the analyzed period, reflecting fluctuations in the company's ability to efficiently utilize its assets to generate returns. Further analysis and identification of factors influencing these fluctuations would be necessary to assess the firm's overall asset management effectiveness.