Lattice Semiconductor Corporation (LSCC)

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	38,740	94,579	143,969	171,895	212,781	223,167	215,052	208,768	187,367	163,187	141,400	117,930	100,816	88,312	74,111	63,277	52,366	50,525	54,399	56,303
Total assets	US$ in thousands	843,903	853,661	827,520	815,599	840,894	779,622	759,071	767,629	798,713	758,945	737,128	720,926	726,494	704,839	693,552	687,584	680,067	682,431	676,030	664,205
Operating ROA		4.59%	11.08%	17.40%	21.08%	25.30%	28.63%	28.33%	27.20%	23.46%	21.50%	19.18%	16.36%	13.88%	12.53%	10.69%	9.20%	7.70%	7.40%	8.05%	8.48%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $38,740K ÷ $843,903K
= 4.59%

Operating return on assets (operating ROA) is a key financial metric that measures a company's ability to generate operating income relative to its total assets. The operating ROA trend for Lattice Semiconductor Corporation shows significant fluctuations over the reporting period from March 31, 2020, to December 31, 2024.

The trend in Lattice Semiconductor Corporation's operating ROA indicates a gradual increase from 8.48% on March 31, 2020, to a peak of 28.63% on September 30, 2023. This upward trend reflects the company's improving efficiency in generating operating income from its asset base.

However, the operating ROA experienced a decline in the subsequent quarters, dropping to 4.59% by December 31, 2024. This decrease suggests a potential deterioration in the company's ability to generate operating income in relation to its total assets.

Overall, while Lattice Semiconductor Corporation demonstrated an increasing trend in operating ROA up to September 30, 2023, the subsequent decline highlights the importance of monitoring the efficiency and performance of the company in utilizing its assets to generate operating income effectively.