PDF Solutions Inc (PDFS)

Return on assets (ROA)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 3,105 -3,429 -21,488 -40,363 -5,418
Total assets US$ in thousands 290,136 278,671 273,768 287,580 239,544
ROA 1.07% -1.23% -7.85% -14.04% -2.26%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $3,105K ÷ $290,136K
= 1.07%

PDF Solutions Inc.'s return on assets (ROA) has shown fluctuations over the past five years. In 2023, the ROA improved to 1.07% compared to the previous year where it was negative at -1.23%. This positive ROA indicates that the company generated a profit through its assets in 2023.

However, looking back further, PDF Solutions Inc. faced challenges as its ROA was negative in the preceding three years, indicating that the company was struggling to generate profits relative to its asset base. The most significant drop was observed in 2020, with an ROA of -14.04%, indicating a substantial loss relative to its assets in that year.

Overall, while the recent improvement in ROA is a positive sign, investors may want to monitor the company's ability to sustain profitability and operational efficiency over the long term.


Peer comparison

Dec 31, 2023