Impinj Inc (PI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -7,069 | -43,484 | -19,479 | -37,249 | -47,071 |
| Total assets | US$ in thousands | 489,080 | 359,409 | 349,737 | 315,537 | 207,616 |
| Operating ROA | -1.45% | -12.10% | -5.57% | -11.80% | -22.67% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-7,069K ÷ $489,080K
= -1.45%
The operating return on assets (operating ROA) for Impinj Inc shows a declining trend from -22.67% as of December 31, 2020, to -1.45% as of December 31, 2024. This indicates that the company's operating income generated from its assets has been improving over the years. However, it is important to note that the figures remain negative, suggesting that the company has not been efficiently utilizing its assets to generate operating income. The significant improvement in the operating ROA from 2020 to 2024 is a positive sign, but there is still room for further enhancement in asset efficiency to achieve better profitability.
Peer comparison
Dec 31, 2024