MaxLinear Inc (MXL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -245,198 | -73,147 | 125,040 | 41,969 | -98,593 |
| Total assets | US$ in thousands | 864,639 | 1,080,260 | 1,180,020 | 1,050,380 | 1,022,440 |
| ROA | -28.36% | -6.77% | 10.60% | 4.00% | -9.64% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-245,198K ÷ $864,639K
= -28.36%
MaxLinear Inc's return on assets (ROA) has shown significant fluctuations over the past five years. In December 2020, the company had a negative ROA of -9.64%, indicating that it generated a loss on its assets during that period. However, by December 2021, the ROA improved to 4.00%, reflecting a positive return on its assets.
The following year, in December 2022, MaxLinear Inc's ROA increased further to 10.60%, indicating improved efficiency in generating profits from its assets. However, this positive trend was reversed in December 2023, as the ROA declined to -6.77%, suggesting a decrease in profitability relative to its asset base.
The most significant decline occurred in December 2024, where MaxLinear Inc recorded a substantial negative ROA of -28.36%, indicating a substantial loss in relation to its assets during that period.
Overall, the fluctuating ROA figures suggest inconsistent performance in utilizing its assets effectively to generate profits. It is essential for MaxLinear Inc to closely monitor and enhance its asset management strategies to improve its overall financial performance.
Peer comparison
Dec 31, 2024