NetScout Systems Inc (NTCT)

Return on assets (ROA)

Mar 31, 2025 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
Net income (ttm) US$ in thousands -366,922 -417,958 -599,345 -586,910 -147,734 -118,536 66,659 62,580 59,648 55,563 50,670 41,183 36,974 55,717 37,013 25,431 19,352 15,251 22,955 9,169
Total assets US$ in thousands 430,945 2,174,740 2,070,670 2,085,420 2,595,300 2,589,800 2,697,710 2,730,600 2,820,560 2,904,110 2,822,050 2,816,640 3,194,710 3,133,550 3,016,400 3,033,050 3,085,040 3,146,320 3,077,550 3,067,530
ROA -85.14% -19.22% -28.94% -28.14% -5.69% -4.58% 2.47% 2.29% 2.11% 1.91% 1.80% 1.46% 1.16% 1.78% 1.23% 0.84% 0.63% 0.48% 0.75% 0.30%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $-366,922K ÷ $430,945K
= -85.14%

NetScout Systems Inc's Return on Assets (ROA) demonstrates fluctuations over the period from June 30, 2020, to March 31, 2025. The ROA started at 0.30% on June 30, 2020, steadily increasing to peak at 2.47% on September 30, 2023. However, there was a significant decline in ROA in the subsequent quarters, notably dropping to negative figures from December 31, 2023, onwards, reaching its lowest point of -85.14% on March 31, 2025.

An ROA below zero indicates that NetScout Systems Inc's assets are not generating a positive return, which could be concerning for investors and stakeholders. The drastic decline in ROA from positive to negative values suggests potential issues with the company's profitability and asset utilization. Further investigation into the reasons behind this sharp decrease would be necessary to understand the challenges facing NetScout Systems Inc in effectively utilizing its assets to generate profits.