Impinj Inc (PI)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -7,069 | -18,295 | -33,360 | -50,775 | -43,484 | -28,589 | -14,499 | -14,606 | -19,479 | -27,223 | -37,851 | -37,692 | -37,249 | -43,947 | -44,595 | -52,548 | -47,071 | -39,506 | -30,394 | -18,124 |
| Total assets | US$ in thousands | 489,080 | 476,447 | 446,087 | 413,883 | 359,409 | 363,601 | 383,546 | 372,651 | 349,737 | 327,789 | 304,408 | 316,942 | 315,537 | 210,393 | 211,422 | 214,492 | 207,616 | 200,082 | 211,283 | 218,207 |
| Operating ROA | -1.45% | -3.84% | -7.48% | -12.27% | -12.10% | -7.86% | -3.78% | -3.92% | -5.57% | -8.31% | -12.43% | -11.89% | -11.80% | -20.89% | -21.09% | -24.50% | -22.67% | -19.74% | -14.39% | -8.31% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-7,069K ÷ $489,080K
= -1.45%
The operating return on assets (operating ROA) of Impinj Inc has exhibited a fluctuating trend over the data period from March 31, 2020, to December 31, 2024. The ratio started at -8.31% in March 2020 and deteriorated further to -22.67% by December 2020. Subsequently, there was a slight improvement in the ratio, reaching a low of -24.50% in March 2021.
From March 2021 to December 2024, the operating ROA showed a mix of improvements and declines. Notably, there was a significant recovery in the ratio from the low of -24.50% in March 2021 to -1.45% by December 2024, indicating a positive trend in the company's efficiency in generating operating income from its assets.
Despite the improvements, it is essential to recognize that the operating ROA remained negative throughout the period, with a range between -1.45% to -24.50%. This signifies that the company may be facing challenges in effectively utilizing its assets to generate operating profits. Investors and stakeholders should closely monitor Impinj Inc's operating ROA to assess its operational efficiency and asset utilization in the future.
Peer comparison
Dec 31, 2024