Extreme Networks Inc (EXTR)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -65,202 | 21,646 | 113,698 | 126,816 | 108,313 | 80,871 | 68,599 | 63,220 | 64,188 | 71,301 | 65,142 | 52,800 | 34,376 | 3,702 | -45,806 | -66,755 | -98,899 | -98,001 | -61,899 | -41,912 |
| Total assets | US$ in thousands | 1,042,590 | 1,085,470 | 1,142,660 | 1,106,510 | 1,141,710 | 1,068,400 | 1,062,180 | 1,057,780 | 1,068,510 | 1,024,840 | 1,012,800 | 1,008,800 | 1,010,090 | 953,676 | 945,837 | 959,494 | 979,088 | 973,452 | 1,014,650 | 1,051,790 |
| Operating ROA | -6.25% | 1.99% | 9.95% | 11.46% | 9.49% | 7.57% | 6.46% | 5.98% | 6.01% | 6.96% | 6.43% | 5.23% | 3.40% | 0.39% | -4.84% | -6.96% | -10.10% | -10.07% | -6.10% | -3.98% |
June 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-65,202K ÷ $1,042,590K
= -6.25%
Operating return on assets (ROA) measures how efficiently a company is generating operating profits relative to its total assets. Extreme Networks Inc's operating ROA has varied over the past few quarters, ranging from negative values to positive percentages, indicating fluctuations in the company's operational performance.
The trend analysis of Extreme Networks Inc's operating ROA reveals that the metric has been volatile, with significant changes observed from quarter to quarter. In the most recent quarter, the operating ROA stood at -6.25%, reflecting a decline in operational efficiency compared to the previous quarter when it was 1.99%.
Over the last few quarters, Extreme Networks Inc's operating ROA has shown a general upward trend, reaching a peak of 11.46% in September 2023. This improvement suggests that the company was able to generate higher operating profits relative to its assets during that period.
However, the operating ROA started to decline in the following quarters, indicating a decrease in operational efficiency. The company experienced a downturn in its operating performance, with the metric dropping to -10.10% in December 2019.
Overall, Extreme Networks Inc's operating ROA has shown fluctuations, signaling varying levels of efficiency in utilizing its assets to generate operating income. Further analysis of the factors influencing these fluctuations is necessary to understand the company's operational performance more comprehensively.
Peer comparison
Jun 30, 2024