PDF Solutions Inc (PDFS)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,905 | 7,253 | -2,773 | 2,357 | 3,105 | 2,701 | 9,058 | 1,076 | -3,429 | -10,912 | -14,704 | -18,041 | -21,488 | -47,937 | -48,264 | -47,432 | -40,363 | -8,244 | -6,197 | -3,255 |
| Total assets | US$ in thousands | 315,289 | 307,351 | 297,999 | 286,823 | 290,136 | 282,453 | 290,272 | 279,288 | 278,671 | 265,975 | 249,167 | 265,577 | 273,768 | 275,224 | 273,670 | 271,131 | 287,580 | 310,608 | 233,696 | 239,357 |
| ROA | 2.19% | 2.36% | -0.93% | 0.82% | 1.07% | 0.96% | 3.12% | 0.39% | -1.23% | -4.10% | -5.90% | -6.79% | -7.85% | -17.42% | -17.64% | -17.49% | -14.04% | -2.65% | -2.65% | -1.36% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $6,905K ÷ $315,289K
= 2.19%
The return on assets (ROA) of PDF Solutions Inc has exhibited volatility over the analyzed period. The ROA was negative from March 2020 to June 2023, indicating that the company was not efficiently utilizing its assets to generate profits during this time. However, there was a notable improvement in the ROA from March 2024 to December 2024, with the ROA turning positive. This positive trend suggests that the company's asset management and profitability performance improved during this period. It is essential for PDF Solutions Inc to sustain this positive ROA trend to demonstrate effective asset utilization and profitability in the future.
Peer comparison
Dec 31, 2024