Green Plains Renewable Energy Inc (GPRE)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -47,459 | 9,720 | -25,158 | -49,927 | -61,578 | -100,853 | -183,907 | -107,586 | -98,948 | -68,138 | -50,933 | -53,741 | 25,508 | -17,090 | 13,380 | -37,021 | -122,696 | -102,823 | -130,983 | -158,260 |
| Total assets | US$ in thousands | 1,782,170 | 1,759,950 | 1,763,600 | 1,799,440 | 1,939,320 | 1,951,140 | 2,022,800 | 2,034,830 | 2,123,130 | 2,101,540 | 2,296,010 | 2,252,500 | 2,159,760 | 2,113,200 | 1,992,950 | 1,944,630 | 1,578,920 | 1,537,420 | 1,571,080 | 1,638,100 |
| Operating ROA | -2.66% | 0.55% | -1.43% | -2.77% | -3.18% | -5.17% | -9.09% | -5.29% | -4.66% | -3.24% | -2.22% | -2.39% | 1.18% | -0.81% | 0.67% | -1.90% | -7.77% | -6.69% | -8.34% | -9.66% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-47,459K ÷ $1,782,170K
= -2.66%
Green Plains Renewable Energy Inc's operating return on assets (ROA) has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The negative trend observed in the earlier periods indicates that the company's operating income generated from its assets was insufficient to cover the asset base during those quarters.
There was a notable improvement in the operating ROA from March 31, 2021, to December 31, 2021, where the percentages turned positive, suggesting that the company's operating performance in relation to its assets improved during that time. However, this positive trend did not persist, as the operating ROA reverted to negative values from March 31, 2022, onwards.
The variability in the operating ROA figures indicates potential challenges in generating profits from the company's assets consistently. It would be important for Green Plains Renewable Energy Inc to closely monitor and address the factors contributing to these fluctuations to enhance operating efficiency and profitability in the long term.
Peer comparison
Dec 31, 2024