Lattice Semiconductor Corporation (LSCC)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	61,131	259,061	178,882	95,922	47,392
Total assets	US$ in thousands	843,903	840,894	798,713	726,494	680,067
ROA		7.24%	30.81%	22.40%	13.20%	6.97%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $61,131K ÷ $843,903K
= 7.24%

Lattice Semiconductor Corporation's return on assets (ROA) has shown fluctuating trends over the past five years. In December 2020, the ROA stood at 6.97%, indicating that the company generated a return of 6.97% on every dollar of assets. The ROA then increased significantly to 13.20% by December 2021. This improvement suggests a more efficient utilization of assets to generate profit.

By December 2022, the ROA experienced another notable increase, reaching 22.40%. This sharp rise demonstrates a substantial improvement in the company's ability to generate profits relative to its asset base. The trend continued to December 2023, with the ROA climbing to 30.81%, indicating a further enhancement in asset efficiency and profitability.

However, in December 2024, there was a substantial decline in the ROA to 7.24%. This decrease may raise concerns about the company's asset management efficiency and its ability to generate profits from its assets. Further analysis is necessary to understand the reasons behind this decline in ROA and to assess the company's overall financial health.