Intel Corporation (INTC)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,689,000 | 8,014,000 | 19,868,000 | 20,899,000 | 21,048,000 |
| Total assets | US$ in thousands | 191,572,000 | 182,103,000 | 168,406,000 | 153,091,000 | 136,524,000 |
| ROA | 0.88% | 4.40% | 11.80% | 13.65% | 15.42% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $1,689,000K ÷ $191,572,000K
= 0.88%
Intel Corporation's Return on Assets (ROA) has shown a declining trend over the past five years, decreasing from 15.42% in 2019 to 0.88% in 2023. ROA measures the company's efficiency in generating profits from its assets. A higher ROA indicates that the company is effectively utilizing its assets to generate earnings.
The decreasing trend in ROA for Intel Corporation signifies a decline in the company's ability to generate profits relative to its assets. This could be due to various factors such as increasing operating expenses, declining revenues, or inefficient asset utilization. It is essential for investors and stakeholders to closely monitor this trend to assess the company's overall financial health and operational efficiency. Further analysis and investigation into the specific reasons behind the declining ROA are necessary to develop strategies for improvement and sustainable growth.
Peer comparison
Dec 31, 2023