Knowles Cor (KN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -197,200 | -199,000 | -206,300 | 46,200 | 40,900 | -179,600 | -205,600 | -437,100 | -414,800 | -167,300 | -118,100 | 118,800 | 115,800 | 112,800 | 91,800 | 57,100 | 29,200 | 22,400 | 42,400 | 67,200 |
| Total assets | US$ in thousands | 1,118,200 | 1,171,300 | 1,178,100 | 1,483,400 | 1,462,800 | 1,182,200 | 1,176,000 | 1,195,500 | 1,183,900 | 1,436,700 | 1,458,400 | 1,718,700 | 1,731,600 | 1,723,200 | 1,681,900 | 1,675,300 | 1,654,900 | 1,667,700 | 1,687,700 | 1,696,800 |
| Operating ROA | -17.64% | -16.99% | -17.51% | 3.11% | 2.80% | -15.19% | -17.48% | -36.56% | -35.04% | -11.64% | -8.10% | 6.91% | 6.69% | 6.55% | 5.46% | 3.41% | 1.76% | 1.34% | 2.51% | 3.96% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-197,200K ÷ $1,118,200K
= -17.64%
The operating return on assets (operating ROA) for Knowles Cor has shown significant fluctuations over the past few years. From March 31, 2020, to June 30, 2021, the trend indicates a gradual increase in operating ROA, reaching a peak of 6.91% on March 31, 2022. This improvement reflected the company's ability to generate more operating income relative to its total assets during this period.
However, starting from June 30, 2022, there has been a sharp decline in operating ROA, with negative values recorded for several quarters until December 31, 2023. This negative trend suggests that Knowles Cor's operating income generated from its assets was insufficient or declining, indicating potential operational inefficiencies or financial challenges during this period.
The operating ROA saw a minor recovery in the subsequent quarters of March 31, 2024, and December 31, 2024, but remained negative overall. The negative values in the latter quarters of the data indicate that the company struggled to effectively utilize its assets to generate operating income, potentially impacting its overall profitability and financial performance.
In conclusion, the volatility and negative trends in Knowles Cor's operating ROA highlight the importance of monitoring and addressing operational efficiency and asset utilization to sustain and improve the company's financial health and performance.
Peer comparison
Dec 31, 2024