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.
Peer comparison
Mar 31, 2025