MaxLinear Inc (MXL)

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	-73,147	-3,567	64,670	100,987	125,040	122,136	102,986	71,753	41,969	-10,879	-56,782	-79,322	-98,593	-82,025	-50,094	-30,516	-19,898	-11,483	-20,704	-32,897
Total assets	US$ in thousands	1,080,260	1,103,790	1,161,480	1,198,480	1,180,020	1,182,700	1,180,690	1,099,130	1,050,380	1,053,890	1,026,630	998,599	1,022,440	1,007,780	693,060	693,425	705,791	706,765	729,160	748,882
ROA		-6.77%	-0.32%	5.57%	8.43%	10.60%	10.33%	8.72%	6.53%	4.00%	-1.03%	-5.53%	-7.94%	-9.64%	-8.14%	-7.23%	-4.40%	-2.82%	-1.62%	-2.84%	-4.39%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $-73,147K ÷ $1,080,260K
= -6.77%

ROA, or return on assets, indicates the company's ability to generate profit from its assets. MaxLinear Inc's ROA has fluctuated over the past eight quarters, with a notable decline from 10.6% in Q4 2022 to -6.77% in Q4 2023. This decrease may signal a reduction in the company's efficiency in utilizing its assets to generate earnings. The ROA of 5.57% in Q2 2023 and 8.43% in Q1 2023 indicate a more favorable performance, suggesting improved asset utilization during those periods. Overall, analyzing the trend in ROA can provide insights into the company's operational efficiency and financial performance.