PDF Solutions Inc (PDFS)

Return on assets (ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	-5,418	-7,202	-8,597	-9,983
Total assets	US$ in thousands	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	239,544	229,347	229,671	232,685
ROA		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%	-2.26%	-3.14%	-3.74%	-4.29%

December 31, 2023 calculation

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

To analyze PDF Solutions Inc.'s return on assets (ROA) over the past eight quarters, we can observe a fluctuating trend. In Q4 2023, the ROA stood at 1.07%, showing a slight improvement compared to the previous quarter's 0.96%. However, the ROA was significantly higher compared to Q1 2023, where it was 0.39%.

Looking back over the past year, PDF Solutions Inc. experienced negative ROA values in Q4 2022, Q3 2022, Q2 2022, and Q1 2022, with values of -1.23%, -4.10%, -5.90%, and -6.79%, respectively. This indicates that the company faced challenges in generating profits relative to its assets during that period.

Overall, PDF Solutions Inc.'s ROA has shown variability, with some quarters demonstrating positive performance while others have shown negative results. It is important for the company to focus on enhancing its asset utilization efficiency and profitability to sustain and improve its ROA in the future.