Schrodinger Inc (SDGR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -177,448 | -176,365 | -166,335 | -148,675 | -146,817 | -140,794 | -129,305 | -116,174 | -111,443 | -105,512 | -86,283 | -73,028 | -60,916 | |||
| Total assets | US$ in thousands | 802,955 | 794,148 | 841,566 | 838,773 | 688,587 | 661,985 | 687,880 | 719,537 | 756,487 | 762,617 | 717,334 | 744,189 | 746,263 | 680,116 | 349,551 | 349,872 |
| Operating ROA | -22.10% | -22.21% | -19.76% | -17.73% | -21.32% | -21.27% | -18.80% | -16.15% | -14.73% | -13.84% | -12.03% | -9.81% | -8.16% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-177,448K ÷ $802,955K
= -22.10%
The operating return on assets (operating ROA) of Schrodinger Inc has been fluctuating over the past eight quarters. From Q1 2022 to Q4 2023, the operating ROA ranged from -16.15% to -22.21%. The trend indicates a slightly decreasing pattern in the operating ROA over this period.
A negative operating ROA implies that the company's operating income generated from its assets is insufficient to cover the expenses, indicating potential operational inefficiencies or financial challenges. Schrodinger Inc may need to focus on improving its operational efficiency, reducing expenses, or increasing revenue to enhance its operating ROA and overall profitability. Further analysis of the company's cost structure, revenue streams, and operational processes may provide insights into addressing the negative trend in operating ROA.
Peer comparison
Dec 31, 2023