PDF Solutions Inc (PDFS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 935 | -1,132 | -2,092 | -12,634 | -16,791 |
| Total assets | US$ in thousands | 315,289 | 290,136 | 278,671 | 273,768 | 287,580 |
| Operating ROA | 0.30% | -0.39% | -0.75% | -4.61% | -5.84% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $935K ÷ $315,289K
= 0.30%
The operating return on assets (Operating ROA) of PDF Solutions Inc has seen fluctuations over the last five years.
As of December 31, 2020, the company's Operating ROA was at -5.84%, indicating that for every dollar of assets, the company generated a negative operating return.
By the end of December 31, 2021, there was a slight improvement, with the Operating ROA moving to -4.61%, although still negative.
In December 31, 2022, there was a further improvement as the Operating ROA decreased to -0.75%, displaying a positive trend towards profitability.
Moving to December 31, 2023, the Operating ROA showed a continued improvement, declining to -0.39%, suggesting the company was able to utilize its assets more efficiently to generate operating returns.
Finally, by the end of December 31, 2024, the Operating ROA turned positive at 0.30%, indicating that the company was effectively utilizing its assets to generate operating profits.
Overall, the trend in the Operating ROA of PDF Solutions Inc showcases a path of improvement over the past years, transitioning from negative returns to a positive operating return on assets, which could be seen as a positive sign for the company's operational efficiency and effectiveness.
Peer comparison
Dec 31, 2024