Nu Skin Enterprises Inc (NUS)
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 | 8,595 | 58,528 | 70,093 | 77,438 | 104,778 | 38,332 | 113,451 | 138,552 | 147,266 | 229,964 | 236,542 | 219,055 | 191,355 | 158,000 | 145,783 | 150,281 | 173,553 | 115,682 | 124,738 | 129,350 |
| Total assets | US$ in thousands | 1,806,460 | 1,793,090 | 1,893,780 | 1,824,640 | 1,820,970 | 1,763,170 | 1,900,900 | 1,892,250 | 1,906,480 | 1,974,410 | 2,049,980 | 1,950,100 | 1,957,080 | 1,816,710 | 1,794,490 | 1,746,320 | 1,769,010 | 1,736,900 | 1,791,100 | 1,755,100 |
| ROA | 0.48% | 3.26% | 3.70% | 4.24% | 5.75% | 2.17% | 5.97% | 7.32% | 7.72% | 11.65% | 11.54% | 11.23% | 9.78% | 8.70% | 8.12% | 8.61% | 9.81% | 6.66% | 6.96% | 7.37% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $8,595K ÷ $1,806,460K
= 0.48%
Nu Skin Enterprises, Inc.'s return on assets (ROA) has fluctuated over the past eight quarters, ranging from a low of 0.48% in Q4 2023 to a high of 7.32% in Q1 2022. The trend indicates some volatility in the company's ability to generate profit from its assets during the period under review.
The declining trend from 7.32% in Q1 2022 to 0.48% in Q4 2023 could suggest potential issues with managing the company's assets efficiently. A lower ROA indicates that Nu Skin Enterprises, Inc. is less effective in generating profit relative to its total assets, which may be a cause for concern for its investors and stakeholders.
Further analysis is warranted to understand the factors driving the fluctuations in ROA, such as changes in the company's revenue, expenses, asset base, or overall operational efficiency. Investors and analysts may want to closely monitor Nu Skin Enterprises, Inc.'s future financial performance to assess its ability to improve ROA and enhance overall profitability.
Peer comparison
Dec 31, 2023