EchoStar Corporation (SATS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -26,625 | -1,702,060 | 177,051 | 72,875 | -51,904 |
| Total assets | US$ in thousands | 60,938,700 | 57,108,900 | 6,199,000 | 6,045,200 | 7,073,350 |
| ROA | -0.04% | -2.98% | 2.86% | 1.21% | -0.73% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-26,625K ÷ $60,938,700K
= -0.04%
Based on the data provided, EchoStar Corporation's Return on Assets (ROA) has experienced fluctuations over the past five years.
- As of December 31, 2020, the ROA was negative at -0.73%, indicating that the company's net income generated from its assets was insufficient.
- In December 31, 2021, the ROA improved to 1.21%, suggesting the company generated positive returns relative to its total assets.
- By December 31, 2022, the ROA further increased to 2.86%, reflecting the company's ability to generate higher earnings from its assets.
- However, by December 31, 2023, the ROA declined significantly to -2.98%, indicating that the company's asset utilization and profitability deteriorated during this period.
- Finally, as of December 31, 2024, the ROA slightly improved to -0.04%, though it remained in negative territory, indicating that EchoStar Corporation may still be struggling to effectively generate profits from its assets.
Overall, the fluctuating trend in EchoStar Corporation's ROA over the five-year period suggests varying levels of efficiency and profitability in utilizing its assets to generate earnings. Further analysis of the company's operations and financial health would be required to understand the underlying reasons for these fluctuations and to assess the company's overall performance.
Peer comparison
Dec 31, 2024