Metallus, Inc (MTUS)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 10,000 | 38,200 | 83,500 | 116,400 | 111,000 | 54,600 | 9,100 | 32,500 | 52,900 | 126,200 | 185,100 | 171,600 | 150,700 | 106,400 | 48,600 | -10,000 | -49,100 | -125,300 | -134,700 | -127,600 |
| Total assets | US$ in thousands | 1,116,700 | 1,133,400 | 1,120,400 | 1,165,800 | 1,240,000 | 1,153,800 | 1,148,500 | 1,135,300 | 1,140,600 | 1,122,300 | 1,217,300 | 1,186,000 | 1,257,200 | 1,116,400 | 1,063,100 | 1,048,100 | 994,000 | 983,700 | 1,003,700 | 1,070,000 |
| Operating ROA | 0.90% | 3.37% | 7.45% | 9.98% | 8.95% | 4.73% | 0.79% | 2.86% | 4.64% | 11.24% | 15.21% | 14.47% | 11.99% | 9.53% | 4.57% | -0.95% | -4.94% | -12.74% | -13.42% | -11.93% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $10,000K ÷ $1,116,700K
= 0.90%
Operating Return on Assets (Operating ROA) is a key financial ratio that indicates a company's ability to generate profits from its operations relative to its total assets. A positive Operating ROA reflects efficient asset utilization, while a negative value indicates that the company is not effectively utilizing its assets to generate profits.
Analyzing Metallus, Inc's Operating ROA over the reporting periods provided reveals a mixed performance:
- The company experienced negative Operating ROA figures from March 2020 to March 2021, indicating operational inefficiencies and potential challenges in profit generation from its asset base.
- Starting from June 2021, Metallus, Inc's Operating ROA turned positive, indicating an improvement in the company's operational performance and efficiency in utilizing its assets to generate profits.
- The positive trend continued until December 2022, reflecting a consistent enhancement in the company's operating efficiency and profitability.
- However, from March 2023 onwards, the Operating ROA figures started to decline, with fluctuations in performance observed. This could suggest potential challenges or changes in the company's operations impacting its ability to generate profits from its assets effectively.
Overall, while Metallus, Inc has shown improvement in Operating ROA from 2021 to 2022, the fluctuations and decline in performance from 2023 onwards indicate the need for further analysis to identify and address factors influencing the company's profitability and asset utilization.
Peer comparison
Dec 31, 2024