Dave & Buster’s Entertainment (PLAY)
Return on assets (ROA)
| Feb 4, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 126,900 | 137,135 | 108,640 | -206,974 | 100,263 |
| Total assets | US$ in thousands | 3,754,400 | 3,761,000 | 2,345,790 | 2,352,820 | 2,370,140 |
| ROA | 3.38% | 3.65% | 4.63% | -8.80% | 4.23% |
February 4, 2024 calculation
ROA = Net income ÷ Total assets
= $126,900K ÷ $3,754,400K
= 3.38%
Over the past five years, Dave & Buster’s Entertainment has shown a fluctuating trend in its return on assets (ROA) ratio. The company's ROA was 3.38% in 2024, a slight decrease from 3.65% in 2023. This indicates that the company generated $0.0338 in net income for every dollar of assets in 2024.
Comparing this to the ROA of 4.63% in 2022, it is evident that the company's profitability in relation to its assets has declined over the years. The negative ROA of -8.80% in 2021 suggests that the company incurred losses in that particular year. However, Dave & Buster’s was able to bounce back in 2020 with an ROA of 4.23%.
Overall, the fluctuating ROA indicates that the company has had varying levels of success in utilizing its assets to generate profits in recent years, and investors should consider this trend when evaluating the company's financial performance.
Peer comparison
Feb 4, 2024