N-Able Inc (NABL)

Return on assets (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
Net income (ttm)	US$ in thousands	30,958	37,019	32,275	27,329	23,412	21,046	15,327	15,145	16,707	11,778	13,357	9,492	113	-11,885	-14,887	-12,125	-7,159
Total assets	US$ in thousands	1,338,850	1,223,460	1,174,660	1,149,930	1,162,790	1,122,660	1,113,040	1,092,580	1,078,860	1,031,460	1,038,770	1,050,160	1,055,700	1,062,560	1,038,790	1,068,110	1,079,740
ROA		2.31%	3.03%	2.75%	2.38%	2.01%	1.87%	1.38%	1.39%	1.55%	1.14%	1.29%	0.90%	0.01%	-1.12%	-1.43%	-1.14%	-0.66%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $30,958K ÷ $1,338,850K
= 2.31%

The return on assets (ROA) for N-Able Inc has shown fluctuations over the period from December 31, 2020, to December 31, 2024.

The ROA was negative in the initial quarters of 2020 and 2021, indicating that the company was not effectively generating earnings relative to its asset base during that time. However, the ROA started to improve gradually and turned positive by December 31, 2021.

From March 31, 2022, to September 30, 2023, the ROA continued to increase steadily, suggesting that the company was becoming more efficient in generating profits from its assets. The highest ROA was recorded on December 31, 2023, and March 31, 2024, indicating peak profitability relative to its asset base during that period.

However, there was a slight dip in ROA by December 31, 2024, although it remained relatively high compared to the earlier periods. This change may indicate a decrease in profitability compared to the preceding quarters but still reflects a positive trend overall.

Overall, the ROA trend indicates an improvement in N-Able Inc's ability to generate earnings from its assets, with occasional fluctuations reflecting changes in the company's profitability over the analyzed period.