Ichor Holdings Ltd (ICHR)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	-10,895	15,079	52,450	80,152	85,823	84,153	72,803	73,222	81,014	78,885	70,220	54,309	41,552	33,042	23,832	17,540	14,977	15,252	23,478	46,345
Total assets	US$ in thousands	938,481	994,384	1,003,360	1,040,150	1,083,740	1,102,740	1,065,700	1,020,360	1,020,880	828,537	822,449	782,209	774,172	605,441	598,876	564,019	566,555	506,866	489,952	495,389
Operating ROA		-1.16%	1.52%	5.23%	7.71%	7.92%	7.63%	6.83%	7.18%	7.94%	9.52%	8.54%	6.94%	5.37%	5.46%	3.98%	3.11%	2.64%	3.01%	4.79%	9.36%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-10,895K ÷ $938,481K
= -1.16%

Ichor Holdings Ltd's operating return on assets (operating ROA) has shown some variability in recent periods. The company's operating ROA ranged from -1.16% to 9.52% over the last few years. There was a notable increase in operating ROA from March 2020 to March 2021, reaching a peak of 9.52%. However, the operating ROA decreased to 1.52% in September 2023 before rebounding to 5.23% in June 2023.

Overall, Ichor Holdings Ltd's operating ROA has been somewhat volatile, indicating fluctuations in its operational efficiency and ability to generate earnings from its assets. Further analysis of the company's financial performance and business operations may be needed to understand the factors contributing to these fluctuations in operating ROA.