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.
Peer comparison
Dec 31, 2024