Warrior Met Coal Inc (HCC)
Return on assets (ROA)
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 478,628 | 449,406 | 462,427 | 677,326 | 641,298 | 680,134 | 620,158 | 318,485 | 150,881 | -21,320 | -74,181 | -78,661 | -35,761 | 18,701 | 78,157 | 212,799 | 301,701 | 655,140 | 662,709 | 628,540 |
| Total assets | US$ in thousands | 2,357,060 | 2,219,250 | 2,244,080 | 2,150,990 | 2,028,100 | 1,935,280 | 1,898,920 | 1,643,350 | 1,464,210 | 1,344,610 | 1,347,080 | 1,379,990 | 1,393,940 | 1,391,010 | 1,397,190 | 1,439,170 | 1,344,260 | 1,349,580 | 1,290,480 | 1,400,000 |
| ROA | 20.31% | 20.25% | 20.61% | 31.49% | 31.62% | 35.14% | 32.66% | 19.38% | 10.30% | -1.59% | -5.51% | -5.70% | -2.57% | 1.34% | 5.59% | 14.79% | 22.44% | 48.54% | 51.35% | 44.90% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $478,628K ÷ $2,357,060K
= 20.31%
Warrior Met Coal Inc has consistently maintained a strong Return on Assets (ROA) performance in recent quarters. The ROA for Q4 2023 stands at 20.31%, which is slightly lower compared to the previous quarter but remains relatively high. Over the past year, the company's ROA has shown some fluctuations, with the lowest being 19.38% in Q1 2022 and the highest reaching 35.14% in Q3 2022.
The ROA measures the efficiency of the company in generating profits from its assets, indicating how well it utilizes its resources to generate earnings. Warrior Met Coal Inc's ROA performance suggests that the company has been effectively utilizing its assets to generate income, although the slight fluctuations in the ratio warrant further examination to identify any underlying factors influencing the profitability of the company.
Peer comparison
Dec 31, 2023