Lattice Semiconductor Corporation (LSCC)

Return on assets (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
Net income (ttm)	US$ in thousands	61,131	143,323	189,921	217,934	259,061	212,268	204,839	198,727	178,882	155,501	135,881	113,187	95,922	83,379	69,247	58,038	47,392	45,390	46,322	44,252
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
ROA		7.24%	16.79%	22.95%	26.72%	30.81%	27.23%	26.99%	25.89%	22.40%	20.49%	18.43%	15.70%	13.20%	11.83%	9.98%	8.44%	6.97%	6.65%	6.85%	6.66%

December 31, 2024 calculation

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

Based on the provided data, Lattice Semiconductor Corporation's return on assets (ROA) has shown fluctuating trends over the specified periods. The ROA started at 6.66% as of March 31, 2020, and generally increased steadily, reaching peaks of 30.81% as of December 31, 2023.

However, there was a significant decline in ROA to 7.24% by the end of December 31, 2024. This drop could raise concerns about the company's efficiency in generating profits relative to its asset base.

It is crucial for stakeholders to monitor these fluctuations in ROA closely as it indicates how well the company is utilizing its assets to generate profits. The decline in ROA over the last few periods may signal a need for further analysis and strategic adjustments within the company to improve asset utilization and profitability.