MKS Instruments Inc (MKSI)
Return on assets (ROA)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -1,841,000 | -1,718,000 | -1,751,000 | 148,000 | 333,000 | 429,000 | 555,000 | 571,000 | 550,000 | 515,600 | 475,300 | 403,000 | 350,100 | 277,300 | 233,000 | 197,000 | 140,400 | 169,236 | 215,113 | 300,275 |
Total assets | US$ in thousands | 9,118,000 | 9,140,000 | 9,230,000 | 11,366,000 | 11,495,000 | 11,372,000 | 4,749,000 | 4,649,000 | 4,540,000 | 4,365,900 | 4,208,900 | 4,017,900 | 3,903,800 | 3,750,900 | 3,631,100 | 3,474,900 | 3,416,300 | 3,354,540 | 3,381,950 | 3,412,740 |
ROA | -20.19% | -18.80% | -18.97% | 1.30% | 2.90% | 3.77% | 11.69% | 12.28% | 12.11% | 11.81% | 11.29% | 10.03% | 8.97% | 7.39% | 6.42% | 5.67% | 4.11% | 5.04% | 6.36% | 8.80% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $-1,841,000K ÷ $9,118,000K
= -20.19%
The return on assets (ROA) for MKS Instruments Inc has shown fluctuations over the past years, ranging from negative percentages to double-digit positive percentages. In the recent quarter ending Dec 31, 2023, the ROA was -20.19%, indicating that the company's profitability relative to its total assets was negative. Prior to this, the ROA had been improving, with positive ROA percentages recorded in the quarters leading up to Sep 30, 2022.
The negative trend in ROA in the most recent quarters may be a cause for concern, suggesting that the company may be experiencing challenges in generating profits from its assets. Investors and stakeholders may need to closely monitor the company's financial performance and look for strategies to improve profitability and efficiency in asset utilization. Overall, the ROA trend for MKS Instruments Inc highlights the importance of ongoing financial analysis and management to ensure sustainable financial health.
Peer comparison
Dec 31, 2023