Kulicke and Soffa Industries Inc (KLIC)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	-69,006	57,148	433,545	367,161	52,300
Total assets	US$ in thousands	1,240,160	1,499,780	1,588,600	1,601,630	1,054,570
ROA		-5.56%	3.81%	27.29%	22.92%	4.96%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $-69,006K ÷ $1,240,160K
= -5.56%

Kulicke and Soffa Industries Inc's Return on Assets (ROA) has shown variability over the past five years, indicating fluctuations in the company's ability to generate profits relative to its total assets.

The company experienced a significant decline in ROA from 27.29% in 2022 to -5.56% in 2024, which raises concern about its efficiency in utilizing its assets to generate profits. This negative trend suggests that the company may be facing challenges in generating sufficient earnings from its asset base.

However, it's worth noting that in 2023 and 2021, the company achieved healthier ROA figures of 3.81% and 22.92%, respectively, indicating stronger profitability and asset utilization during those years.

Overall, the downward trend in ROA from 2022 to 2024 highlights the need for Kulicke and Soffa Industries Inc to carefully evaluate and improve its asset management strategies to enhance profitability and efficiency in the future.