Ichor Holdings Ltd (ICHR)
Return on equity (ROE)
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 | -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 | 10,729 | 6,262 | 14,976 | 42,680 |
Total stockholders’ equity | US$ in thousands | 564,677 | 572,679 | 577,303 | 593,464 | 587,496 | 569,845 | -91,578 | -91,578 | 500,715 | 480,656 | 458,483 | 431,062 | 411,689 | 254,667 | 238,190 | 229,520 | 221,416 | 207,190 | 203,731 | 201,680 |
ROE | -7.61% | -2.95% | 3.91% | 10.91% | 12.39% | 12.89% | — | — | 14.16% | 14.26% | 13.21% | 10.33% | 8.08% | 11.27% | 8.01% | 5.49% | 4.85% | 3.02% | 7.35% | 21.16% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-42,985K ÷ $564,677K
= -7.61%
Based on the provided data, the return on equity (ROE) of Ichor Holdings Ltd has been quite divergent over recent periods. The ROE values ranged from -7.61% to 14.26% in the most recent quarters.
The trend shows a fluctuating pattern with some periods reflecting negative ROE figures, suggesting that the company may be experiencing challenges in generating profits relative to its shareholders' equity. However, there have been positive ROE values in several quarters, indicating successful profitability generation in those periods.
It is important to note that the ROE performance of the company has varied significantly, indicating potential changes in the company's profitability and efficiency in utilizing its equity to generate returns for shareholders. Further analysis and examination of the company's financial practices and strategies may be required to fully understand the factors contributing to these fluctuations in ROE.
Peer comparison
Dec 31, 2023