Green Plains Renewable Energy Inc (GPRE)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -82,497 | -93,384 | -127,218 | -65,992 | -108,775 |
| Total assets | US$ in thousands | 1,782,170 | 1,939,320 | 2,123,130 | 2,159,760 | 1,578,920 |
| ROA | -4.63% | -4.82% | -5.99% | -3.06% | -6.89% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-82,497K ÷ $1,782,170K
= -4.63%
Based on the provided data, Green Plains Renewable Energy Inc's return on assets (ROA) has shown a fluctuating trend over the past five years. The ROA was recorded at -6.89% on December 31, 2020, indicating that the company generated a negative return in relation to its total assets that year.
However, there appears to have been some improvement in the following years, as the ROA figures for December 31, 2021, 2023, and 2024 show decreases in the negative percentages to -3.06%, -4.82%, and -4.63%, respectively. Despite the improvements, the company continues to generate overall negative returns on its assets during these years.
On December 31, 2022, the ROA decreased to -5.99%, suggesting a temporary decline in the company's ability to generate profit from its assets that year.
In conclusion, the trend in Green Plains Renewable Energy Inc's ROA indicates that the company has faced challenges in efficiently utilizing its assets to generate profits over the past five years, with varying levels of performance. Further analysis and consideration of the company's operational strategies may be required to address the negative ROA figures and improve overall financial performance.
Peer comparison
Dec 31, 2024