PDF Solutions Inc (PDFS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,057 | 3,105 | -3,429 | -21,488 | -40,363 |
| Total assets | US$ in thousands | 315,289 | 290,136 | 278,671 | 273,768 | 287,580 |
| ROA | 1.29% | 1.07% | -1.23% | -7.85% | -14.04% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $4,057K ÷ $315,289K
= 1.29%
The return on assets (ROA) of PDF Solutions Inc has shown a notable improvement over the last few years. As of December 31, 2020, the ROA was -14.04%, indicating that the company was not efficiently utilizing its assets to generate profits. However, by December 31, 2024, the ROA had increased to 1.29%, showcasing a positive trend in asset utilization and profitability.
The ROA improved gradually over the years, transitioning from negative figures in 2020 and 2021 to positive values in 2023 and 2024. This suggests that PDF Solutions Inc has been able to enhance its efficiency in generating profits relative to its asset base.
The positive ROA in 2023 and 2024 is a positive sign for the company, indicating that it has been able to effectively leverage its assets to generate higher returns. Overall, the improving trend in ROA reflects a positive performance in terms of asset utilization and profitability for PDF Solutions Inc in the recent years.
Peer comparison
Dec 31, 2024