N-Able Inc (NABL)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	23,412	21,046	15,327	15,145	16,707	7,976	9,555	5,690
Total stockholders’ equity	US$ in thousands	711,360	674,680	668,907	656,195	642,071	594,132	605,994	618,556	618,355	617,907	633,275
ROE		3.29%	3.12%	2.29%	2.31%	2.60%	1.34%	1.58%	0.92%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $23,412K ÷ $711,360K
= 3.29%

N-Able Inc's return on equity (ROE) has shown a fluctuating trend over the past few quarters. The ROE for the latest quarter, Dec 31, 2023, stands at 3.29%, exhibiting a slight improvement compared to the previous quarter. However, the ROE has generally been relatively low, hovering around the range of 1.34% to 3.29% over the past year.

This indicates that N-Able Inc's ability to generate profits from shareholders' equity has been modest and somewhat inconsistent. The company may need to focus on improving its profitability and efficiently utilizing its equity to enhance shareholder value.

Further analysis of the company's financial performance, operational efficiency, and strategic decisions would be necessary to pinpoint the factors influencing its ROE and to develop strategies for potential improvements in the future.