Inter Parfums Inc (IPAR)
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 | 152,654 | 158,833 | 147,042 | 139,707 | 120,938 | 103,115 | 100,008 | 95,048 | 87,411 | 103,374 | 81,596 | 55,821 | 38,218 | 31,669 | 35,979 | 51,415 | 60,250 | 60,107 | 58,197 | 56,778 |
| Total assets | US$ in thousands | 1,369,330 | 1,394,400 | 1,351,660 | 1,380,210 | 1,308,540 | 1,111,190 | 1,102,450 | 1,162,210 | 1,145,360 | 1,126,550 | 1,108,320 | 1,145,360 | 890,145 | 816,181 | 753,719 | 781,432 | 828,832 | 800,428 | 815,192 | 824,482 |
| ROA | 11.15% | 11.39% | 10.88% | 10.12% | 9.24% | 9.28% | 9.07% | 8.18% | 7.63% | 9.18% | 7.36% | 4.87% | 4.29% | 3.88% | 4.77% | 6.58% | 7.27% | 7.51% | 7.14% | 6.89% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $152,654K ÷ $1,369,330K
= 11.15%
Inter Parfums, Inc.'s return on assets (ROA) has shown a positive trend over the past eight quarters, signaling a consistent improvement in the company's ability to generate profits relative to its total assets. The ROA ranged from 8.18% in Q1 2022 to 11.39% in Q3 2023, with the latest reported ROA standing at 11.15% in Q4 2023.
This indicates that Inter Parfums has been efficiently utilizing its assets to generate earnings. The increasing trend in ROA suggests that the company has been successful in managing its assets effectively to drive profitability. A higher ROA implies that the company is more efficient in generating profits from its assets, which is a positive indicator for investors and stakeholders.
Overall, the consistent improvement in Inter Parfums' ROA over the past quarters reflects positively on the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023