Sabre Corpo (SABR)

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	-527,608	-591,240	-518,332	-581,788	-435,448	-462,053	-561,918	-620,385	-928,469	-1,061,429	-1,133,621	-1,330,337	-1,282,339	-952,592	-581,346	-110,938	158,592	232,901	242,093	306,501
Total assets	US$ in thousands	4,672,190	4,741,700	4,924,560	5,026,010	4,962,880	5,019,620	5,176,740	5,314,480	5,291,330	5,442,910	5,608,450	5,827,840	6,077,720	6,415,500	6,129,210	5,709,860	5,689,960	5,720,730	5,770,070	5,859,560
ROA		-11.29%	-12.47%	-10.53%	-11.58%	-8.77%	-9.20%	-10.85%	-11.67%	-17.55%	-19.50%	-20.21%	-22.83%	-21.10%	-14.85%	-9.48%	-1.94%	2.79%	4.07%	4.20%	5.23%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $-527,608K ÷ $4,672,190K
= -11.29%

Sabre Corp's return on assets (ROA) has shown a declining trend over the past eight quarters, with negative values indicating that the company is generating insufficient profits relative to its total assets. The ROA has fluctuated between -9.20% and -12.88% during this period, with the most recent value at -11.60% in Q4 2023.

A negative ROA typically suggests that the company is struggling to effectively utilize its assets to generate profits. This could be due to various factors such as high operating expenses, inefficient asset management, or declining revenues.

Overall, the consistent negative ROA values indicate a concerning performance in terms of asset utilization and profitability for Sabre Corp. Further analysis of the company's financial and operational strategies may be necessary to identify key areas for improvement and potential turnaround.