Paramount Skydance Corporation Class B Common Stock (PSKY)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -6,190,000 | -608,000 | 1,104,000 | 4,543,000 | 2,422,000 |
Total assets | US$ in thousands | 46,172,000 | 53,543,000 | 58,393,000 | 58,620,000 | 52,663,000 |
ROA | -13.41% | -1.14% | 1.89% | 7.75% | 4.60% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-6,190,000K ÷ $46,172,000K
= -13.41%
The return on assets (ROA) for Paramount Skydance Corporation Class B Common Stock exhibits significant fluctuations over the observed period from December 31, 2020, to December 31, 2024. At the end of 2020, the ROA stood at 4.60%, indicating a modest level of profitability relative to the company's total assets. This positive value increased markedly in 2021 to 7.75%, reflecting an improvement in asset efficiency and profitability for that year.
However, this upward trend reversed markedly in 2022, with the ROA declining sharply to 1.89%, suggesting a decrease in the company's ability to generate net income from its assets. The situation further deteriorated in 2023, as the ROA turned negative at -1.14%, indicating that the company incurred a net loss relative to its assets for that year.
The most pronounced decline occurred in 2024, when the ROA fell substantially to -13.41%. This indicates a significant decline in asset efficiency, with the company experiencing notable losses that have severely impacted its overall profitability relative to its assets. The trend highlights periods of profitability enhancement followed by considerable setbacks, culminating in a negative ROA in the recent years, reflecting substantial challenges faced by the company in maintaining asset-driven profitability.
Peer comparison
Dec 31, 2024