Kulicke and Soffa Industries Inc (KLIC)

Return on assets (ROA)

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	-69,006	-57,766	-65,869	51,852	57,148	98,695	213,568	314,528	433,545	502,352	497,084	452,403	367,160	249,233	146,618	87,186	52,300	42,920	33,056	17,613
Total assets	US$ in thousands	1,240,160	1,257,220	1,298,710	1,486,730	1,499,780	1,508,120	1,524,040	1,549,820	1,588,600	1,628,280	1,559,010	1,704,530	1,601,630	1,409,860	1,256,970	1,146,770	1,054,570	1,029,460	1,160,900	1,118,080
ROA		-5.56%	-4.59%	-5.07%	3.49%	3.81%	6.54%	14.01%	20.29%	27.29%	30.85%	31.88%	26.54%	22.92%	17.68%	11.66%	7.60%	4.96%	4.17%	2.85%	1.58%

September 30, 2024 calculation

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

Kulicke and Soffa Industries Inc's return on assets (ROA) has displayed fluctuations over the past few quarters. The ROA was in negative territory for the recent quarters, with values of -5.56%, -4.59%, and -5.07%. This indicates that the company's profitability from its assets was below par during this period.

In contrast, Kulicke and Soffa Industries Inc showed strong ROA performance in the previous quarters, with values as high as 30.85%, 31.88%, and 26.54%. This suggests that the company was able to generate significant profits relative to its assets in those periods.

Overall, the ROA trend for Kulicke and Soffa Industries Inc has shown inconsistency, with periods of both strong and weak performance. It would be important to further analyze the factors influencing these fluctuations to assess the company's financial health and operational efficiency.