Metallus Inc (MTUS)
Operating return on assets (Operating ROA)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 109,200 | 102,100 | 53,000 | 9,700 | 32,600 | 54,300 | 113,000 | 171,800 | 157,800 | 119,300 | 107,800 | 40,500 | -25,400 | -41,800 | -74,000 | -62,400 | -41,200 | -21,500 | -1,000 | 9,000 |
Total assets | US$ in thousands | 1,165,800 | 1,175,300 | 1,153,800 | 1,148,500 | 1,135,300 | 1,082,000 | 1,122,300 | 1,217,300 | 1,186,000 | 1,158,900 | 1,116,400 | 1,063,100 | 1,048,100 | 994,000 | 983,700 | 1,003,700 | 1,070,000 | 1,085,200 | 1,107,300 | 1,179,600 |
Operating ROA | 9.37% | 8.69% | 4.59% | 0.84% | 2.87% | 5.02% | 10.07% | 14.11% | 13.31% | 10.29% | 9.66% | 3.81% | -2.42% | -4.21% | -7.52% | -6.22% | -3.85% | -1.98% | -0.09% | 0.76% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $109,200K ÷ $1,165,800K
= 9.37%
Based on the operating return on assets (operating ROA) data provided for Metallus Inc, there are fluctuations observed over the periods analyzed. The trend indicates some variability in the company's ability to generate operating profits from its assets efficiently.
The operating ROA ranged from negative values to positive values, indicating different levels of efficiency in asset utilization. Notably, the operating ROA was highest at 14.11% on June 30, 2022, and lowest at -7.52% on September 30, 2020.
Overall, the trend shows that Metallus Inc has experienced periods of both strong and weak operating profitability relative to its assets. The company should strive to maintain or improve its operating ROA consistently to ensure effective utilization of its assets and sustainable profitability. Further analysis of the factors impacting these fluctuations in operating ROA would be beneficial for understanding the company's operational performance in greater detail.
Peer comparison
Mar 31, 2024