Rambus Inc (RMBS)

Return on assets (ROA)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 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 -87,763 -82,905 -170,467 -148,844
Total assets US$ in thousands 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 1,338,990 1,301,630 1,312,160 1,321,420
ROA 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% -6.55% -6.37% -12.99% -11.26%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $333,904K ÷ $1,258,230K
= 26.54%

The Return on Assets (ROA) ratio for Rambus Inc. has demonstrated a positive trend over the past eight quarters. ROA increased from -4.27% in Q1 2022 to 26.54% in Q4 2023, indicating an improvement in the company's ability to generate profit relative to its total assets. This upward trajectory suggests that Rambus has been more efficient in utilizing its assets to generate earnings over the specified period. The consistent growth in ROA reflects positively on the company's operational performance and overall asset management efficiency.


Peer comparison

Dec 31, 2023