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.