Krystal Biotech Inc (KRYS)

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 65,694 27,453 -20,973 -67,587 -109,726 -147,635 -153,093 -143,798 -145,197 -132,302 -116,503 -104,143 -68,274 -56,818 -50,846 -41,407 -33,000 -28,734 -24,396 -23,332
Total assets US$ in thousands 1,055,840 982,318 917,658 853,296 818,355 790,350 684,026 531,847 558,450 576,379 601,324 616,874 626,295 451,095 443,556 443,018 310,844 311,451 318,145 205,131
Operating ROA 6.22% 2.79% -2.29% -7.92% -13.41% -18.68% -22.38% -27.04% -26.00% -22.95% -19.37% -16.88% -10.90% -12.60% -11.46% -9.35% -10.62% -9.23% -7.67% -11.37%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $65,694K ÷ $1,055,840K
= 6.22%

Operating ROA is a key financial ratio that measures a company's ability to generate earnings from its operating activities relative to its total assets. Krystal Biotech Inc's Operating ROA has shown a declining trend over the quarters, indicating a decreasing efficiency in utilizing its assets to generate operating income. The Operating ROA was negative for most of the periods, suggesting that the company was not effectively generating operating profits from its total assets.

However, there was a notable turnaround in the company's performance starting from September 30, 2024, where the Operating ROA turned positive and increased significantly in the subsequent quarters. This positive trend indicates that Krystal Biotech Inc has been able to improve its operational efficiency and generate higher operating income in relation to its total assets during these periods.

Overall, the analysis of Krystal Biotech Inc's Operating ROA reflects a challenging operating environment initially, followed by a significant improvement in operational performance, signaling a rebound in the company's ability to generate operating profits from its assets.