CSG Systems International Inc (CSGS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 86,852 | 66,246 | 44,060 | 72,331 | 58,711 |
| Total assets | US$ in thousands | 1,500,690 | 1,443,050 | 1,348,550 | 1,387,150 | 1,332,000 |
| ROA | 5.79% | 4.59% | 3.27% | 5.21% | 4.41% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $86,852K ÷ $1,500,690K
= 5.79%
Based on the data provided, the return on assets (ROA) of CSG Systems International Inc has shown a fluctuating trend over the past five years. In December 2020, the ROA stood at 4.41%, indicating that the company generated 4.41 cents of profit for every dollar of assets it owned.
By December 2021, the ROA had increased to 5.21%, showing an improvement in the company's efficiency in generating profits from its assets. However, in December 2022, the ROA declined to 3.27%, signaling a decrease in the company's ability to utilize its assets effectively to generate profits.
In December 2023, the ROA recovered to 4.59%, indicating a slight improvement in asset utilization compared to the previous year. Notably, by December 2024, the ROA reached its highest point in the five-year period at 5.79%, showcasing a significant improvement in the company's profitability relative to its asset base.
Overall, the fluctuating trend in ROA suggests varying levels of efficiency in asset utilization and profitability for CSG Systems International Inc during the analyzed period. It is essential for the company to focus on optimizing its asset management strategies to sustain or improve its ROA in the future.
Peer comparison
Dec 31, 2024