Lumen Technologies Inc (LUMN)

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	-55,000	-2,135,000	-2,065,000	-10,752,000	-10,298,000	-11,372,000	-10,716,000	-1,636,000	-1,548,000	2,029,000	1,995,000	2,157,000	2,033,000	-764,000	-942,000	-1,071,000	-1,232,000	1,280,000	1,216,000	1,210,000
Total assets	US$ in thousands	33,496,000	33,989,000	32,943,000	33,173,000	34,018,000	35,921,000	36,168,000	45,530,000	45,581,000	54,817,000	57,675,000	58,037,000	57,993,000	58,308,000	58,947,000	58,828,000	59,394,000	62,599,000	64,171,000	64,056,000
ROA		-0.16%	-6.28%	-6.27%	-32.41%	-30.27%	-31.66%	-29.63%	-3.59%	-3.40%	3.70%	3.46%	3.72%	3.51%	-1.31%	-1.60%	-1.82%	-2.07%	2.04%	1.89%	1.89%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-55,000K ÷ $33,496,000K
= -0.16%

Based on the data provided for Lumen Technologies Inc, the return on assets (ROA) has shown a fluctuating trend over the observed periods. The ROA for the company ranged from positive values of 1.89% to 3.72% in the financial years 2020 to 2022. However, in the subsequent periods from March 31, 2022, to June 30, 2024, the ROA experienced a significant decline, reaching as low as -32.41%.

This negative trend indicates a deterioration in the company's ability to generate profits relative to its assets during these time frames. The drastic decrease in ROA from positive levels to substantial negative percentages suggests potential operational or financial challenges that may have impacted the company's performance.

It is important to further investigate the reasons behind this decline in ROA to assess the underlying causes and implications for the company's financial health and operational efficiency.