Dave & Buster’s Entertainment (PLAY)

Operating return on assets (Operating ROA)

		Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Operating income (ttm)	US$ in thousands	306,600	294,308	305,808	285,208	262,508	231,849	226,218	248,885	187,181	86,591	6,079	-154,203	-252,612	-160,955	-98,413	28,916	148,079	151,457	160,430	160,146
Total assets	US$ in thousands	3,754,400	3,697,800	3,729,400	3,694,400	3,761,000	3,685,090	3,650,740	2,443,100	2,345,790	2,350,720	2,384,500	2,317,980	2,352,820	2,385,060	2,619,970	2,563,350	2,370,140	2,298,190	2,234,080	2,164,890
Operating ROA		8.17%	7.96%	8.20%	7.72%	6.98%	6.29%	6.20%	10.19%	7.98%	3.68%	0.25%	-6.65%	-10.74%	-6.75%	-3.76%	1.13%	6.25%	6.59%	7.18%	7.40%

February 4, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $306,600K ÷ $3,754,400K
= 8.17%

Operating return on assets (operating ROA) measures the efficiency with which a company generates operating profit from its total assets.

Dave & Buster’s Entertainment has demonstrated fluctuating operating ROA over the past few quarters. The operating ROA has varied from a low of -10.74% in January 2021 to a high of 10.19% in May 2022.

Overall, the trend in operating ROA seems to have improved in recent quarters, with the last reported figure of 8.17% in February 2024 showing a positive upward trajectory compared to prior periods.

It is essential for management and stakeholders to closely monitor and analyze the factors driving these fluctuations in operating ROA in order to make informed decisions on improving operational efficiency and profitability.