Green Plains Renewable Energy Inc (GPRE)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -82,497 | -20,329 | -46,218 | -74,472 | -93,384 | -139,233 | -235,070 | -136,068 | -127,218 | -98,170 | -84,266 | -120,921 | -65,992 | -106,054 | -80,918 | -98,875 | -108,775 | -98,894 | -103,378 | -140,506 |
| 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 |
| ROA | -4.63% | -1.16% | -2.62% | -4.14% | -4.82% | -7.14% | -11.62% | -6.69% | -5.99% | -4.67% | -3.67% | -5.37% | -3.06% | -5.02% | -4.06% | -5.08% | -6.89% | -6.43% | -6.58% | -8.58% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-82,497K ÷ $1,782,170K
= -4.63%
Green Plains Renewable Energy Inc's return on assets (ROA) has experienced fluctuations over the past few quarters. ROA is a measure of how efficiently the company is generating profits from its assets.
From March 2020 to December 2022, the ROA ranged from -8.58% to -3.06%, indicating that the company was not effectively utilizing its assets to generate profits during this period. However, there was a slight improvement in June 2022 with an ROA of -3.67%.
The ROA further deteriorated in the following quarters, reaching its lowest point at -11.62% in June 2023, which suggests a significant decline in the company's profitability relative to its asset base.
In the latter part of 2024, there was a slight recovery with the ROA improving to -1.16% in September 2024, but it declined again to -4.63% by December 2024.
Overall, the trend in Green Plains Renewable Energy Inc's ROA indicates inconsistent profitability in relation to its assets, with periods of improvement followed by declines. It is essential for the company to focus on enhancing asset utilization and operational efficiency to improve its ROA in the future.
Peer comparison
Dec 31, 2024