Ichor Holdings Ltd (ICHR)

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	-20,820	-28,776	-36,425	-51,969	-42,985	-16,889	22,567	64,760	72,804	73,466	62,972	64,300	70,899	68,561	60,572	44,518	33,279	28,710	19,085	12,610
Total assets	US$ in thousands	995,564	975,902	947,689	957,388	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
ROA		-2.09%	-2.95%	-3.84%	-5.43%	-4.58%	-1.70%	2.25%	6.23%	6.72%	6.66%	5.91%	6.30%	6.94%	8.27%	7.36%	5.69%	4.30%	4.74%	3.19%	2.24%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-20,820K ÷ $995,564K
= -2.09%

The Return on Assets (ROA) of Ichor Holdings Ltd has shown a fluctuating trend over the last few years. From March 31, 2020, to September 30, 2021, the ROA steadily increased from 2.24% to 8.27%, indicating improving efficiency in generating profits from its assets.

However, starting from December 31, 2021, the ROA began to decline, reaching a low of -5.43% by March 31, 2024. This negative trend suggests that the company may be experiencing challenges in effectively utilizing its assets to generate profits during this period.

Subsequently, from June 30, 2024, to December 31, 2024, the ROA slightly improved but remained negative, indicating that the company's profitability relative to its assets is still under pressure.

Overall, the fluctuating ROA trend of Ichor Holdings Ltd suggests varying levels of efficiency in utilizing its assets to generate profits, with recent challenges impacting its profitability negatively.