Rambus Inc (RMBS)

Return on assets (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
Net income (ttm) US$ in thousands 179,821 176,164 230,697 363,521 333,904 291,308 189,049 55,189 -14,310 -24,154 -21,417 -45,271 18,334 174 -16,239 -36,545 -40,471 -35,292 -39,886 -67,726
Total assets US$ in thousands 1,343,140 1,251,570 1,250,620 1,208,840 1,258,230 1,184,330 1,127,120 962,630 1,012,590 969,056 1,110,910 1,060,880 1,232,650 1,202,670 1,152,980 1,235,780 1,251,410 1,309,020 1,316,650 1,325,390
ROA 13.39% 14.08% 18.45% 30.07% 26.54% 24.60% 16.77% 5.73% -1.41% -2.49% -1.93% -4.27% 1.49% 0.01% -1.41% -2.96% -3.23% -2.70% -3.03% -5.11%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $179,821K ÷ $1,343,140K
= 13.39%

The Return on Assets (ROA) for Rambus Inc indicates the company's efficiency in generating profits relative to its total assets. Looking at the data provided:

- The ROA for Rambus Inc fluctuated significantly over the observed periods, starting from negative percentages and gradually showing improvement.
- The company experienced negative ROA figures ranging from -5.11% to -1.41% until the end of June 2021, suggesting inefficiency in asset utilization and profitability.
- From September 2021 onwards, the ROA turned positive, indicating a turnaround in the company's profitability.
- The ROA steadily increased from positive percentages in March 2023, with substantial improvements in subsequent quarters, reaching highs of 30.07% in March 2024.
- The notable increase in ROA from 2023 to 2024 suggests that Rambus Inc effectively utilized its assets to generate higher profits during this period.

Overall, the improving trend in ROA reflects a positive shift in Rambus Inc's performance, indicating enhanced asset efficiency and profitability in the analyzed periods.