PDF Solutions Inc (PDFS)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -3,702 | -3,476 | -20,762 | -23,250 | -45,548 |
| Total assets | US$ in thousands | 290,136 | 278,671 | 273,768 | 287,580 | 239,544 |
| Operating ROA | -1.28% | -1.25% | -7.58% | -8.08% | -19.01% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $-3,702K ÷ $290,136K
= -1.28%
PDF Solutions Inc.'s operating return on assets (ROA) has fluctuated over the past five years, ranging from -5.84% in 2020 to -0.05% in 2023. The negative values indicate that the company's operating income generated from its assets has been insufficient to cover the asset base. The decreasing trend from 2019 to 2023 may imply operational challenges or inefficiencies affecting the company's ability to generate profits from its assets. Lower operating ROA figures suggest a reduced ability to generate profit from the assets employed, indicating potential inefficiencies in operations or declining profitability. It is essential for PDF Solutions Inc. to address these issues to improve its operational performance and enhance its overall financial health.
Peer comparison
Dec 31, 2023