EchoStar Corporation (SATS)
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 | -191,859 | -2,272,592 | -2,040,841 | -1,824,093 | -1,687,676 | 107,171 | 111,948 | 111,264 | 173,656 | 47,961 | 58,967 | 85,789 | 72,875 | 149,340 | 141,371 | 92,664 | -40,150 | -93,385 | -137,134 | -131,414 |
| Total assets | US$ in thousands | 60,938,700 | 57,547,400 | 55,255,200 | 55,556,400 | 57,108,900 | 6,230,460 | 6,237,040 | 6,193,790 | 6,199,000 | 6,125,300 | 6,118,520 | 6,169,750 | 6,045,200 | 6,182,360 | 6,209,610 | 6,951,810 | 7,073,350 | 7,025,540 | 6,976,190 | 6,959,620 |
| ROA | -0.31% | -3.95% | -3.69% | -3.28% | -2.96% | 1.72% | 1.79% | 1.80% | 2.80% | 0.78% | 0.96% | 1.39% | 1.21% | 2.42% | 2.28% | 1.33% | -0.57% | -1.33% | -1.97% | -1.89% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-191,859K ÷ $60,938,700K
= -0.31%
EchoStar Corporation's Return on Assets (ROA) has shown fluctuations over the past few years, starting from negative percentages in 2020 and 2021 to gradually improving in the following periods.
During the first half of 2022, the ROA increased to around 2.8%, indicating improved efficiency in generating profits from its assets. However, this upward trend was short-lived as the ROA declined sharply towards the end of 2023 and into 2024, reaching negative percentages again.
These fluctuations suggest that EchoStar may be facing challenges in efficiently utilizing its assets to generate profits consistently. It is crucial for the company to analyze the underlying factors contributing to these fluctuations in ROA and take appropriate measures to enhance its asset management efficiency for sustainable financial performance.
Peer comparison
Dec 31, 2024