Smart Global Holdings Inc (SGH)
Profitability ratios
Return on sales
| Mar 1, 2024 | Dec 1, 2023 | Aug 25, 2023 | May 26, 2023 | Feb 24, 2023 | Nov 25, 2022 | Aug 26, 2022 | May 27, 2022 | Feb 25, 2022 | Nov 26, 2021 | Aug 27, 2021 | May 28, 2021 | Feb 26, 2021 | Nov 27, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 28.93% | 28.36% | 26.74% | 26.15% | 24.59% | 22.84% | 22.17% | 18.22% | 17.60% | 16.70% | 15.26% | 17.85% | 17.75% | 18.33% | 18.72% | 18.41% | 18.41% | 18.86% | 19.77% | 20.72% |
| Operating profit margin | -0.49% | -0.35% | 0.56% | 2.09% | 3.65% | 3.74% | 3.81% | 0.26% | -0.99% | -0.41% | -1.01% | 2.44% | 3.25% | 2.73% | 3.13% | 3.01% | 4.20% | 7.07% | 9.05% | 11.21% |
| Pretax margin | -19.90% | -19.33% | -15.25% | -1.21% | 1.63% | 3.80% | 4.80% | 4.71% | 3.03% | 3.11% | 1.99% | 0.92% | 0.63% | 0.09% | 0.30% | 0.21% | 2.51% | 5.26% | 6.74% | 8.64% |
| Net profit margin | -16.12% | -15.61% | -12.08% | -1.67% | 1.28% | 2.93% | 3.77% | 3.56% | 1.93% | 2.29% | 1.37% | 0.11% | -0.09% | -0.57% | -0.27% | -0.18% | 1.83% | 4.08% | 5.57% | 7.21% |
Smart Global Holdings Inc's profitability ratios have shown fluctuations over the past few reporting periods. The gross profit margin has generally increased, indicating improving efficiency in generating profits from sales. However, the operating profit margin has been volatile, with some periods showing negative margins. This suggests challenges in controlling operating expenses and generating profits from core operations.
The pretax margin has also varied significantly, with some periods experiencing substantial losses. This indicates potential issues in managing non-operating expenses and generating income before taxes. The net profit margin has shown a similar pattern, with periods of negative margins highlighting difficulties in generating profits after considering all expenses, including taxes.
Overall, Smart Global Holdings Inc's profitability ratios suggest a mix of strengths and challenges in managing costs, generating revenues, and ultimately delivering profits to shareholders. Monitoring these ratios closely over time can help assess the company's financial performance and sustainability.
Return on investment
| Mar 1, 2024 | Dec 1, 2023 | Aug 25, 2023 | May 26, 2023 | Feb 24, 2023 | Nov 25, 2022 | Aug 26, 2022 | May 27, 2022 | Feb 25, 2022 | Nov 26, 2021 | Aug 27, 2021 | May 28, 2021 | Feb 26, 2021 | Nov 27, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -0.40% | -0.29% | 0.58% | 2.10% | 3.78% | 3.63% | 4.27% | 0.32% | -1.22% | -0.53% | -1.17% | 2.82% | 4.73% | 4.04% | 4.48% | 4.07% | 6.03% | 12.65% | 18.30% | 21.11% |
| Return on assets (ROA) | -13.10% | -13.03% | -12.45% | -1.68% | 1.33% | 2.85% | 4.23% | 4.33% | 2.38% | 2.97% | 1.58% | 0.12% | -0.12% | -0.85% | -0.38% | -0.24% | 2.63% | 7.29% | 11.26% | 13.58% |
| Return on total capital | -0.53% | -0.41% | 0.89% | 3.04% | 5.56% | 5.71% | 18.08% | 0.56% | -2.20% | -1.05% | -2.41% | 5.52% | 8.26% | 6.67% | 7.76% | 6.59% | 10.50% | 19.54% | 28.48% | 36.85% |
| Return on equity (ROE) | -49.09% | -51.79% | -84.29% | -8.40% | 6.70% | 14.63% | 17.91% | 17.13% | 10.30% | 12.17% | 6.87% | 0.55% | -0.40% | -2.39% | -1.15% | -0.63% | 7.57% | 18.77% | 31.16% | 42.12% |
Smart Global Holdings Inc has shown fluctuating profitability ratios over the analyzed periods. The operating return on assets (Operating ROA) has varied from negative to positive values, with higher values in the earlier periods. This indicates that the company's operating performance in generating profits from its assets has been inconsistent.
The return on assets (ROA) also displayed a wide range from negative to positive values, with a similar pattern of higher figures in the earlier periods. This suggests that the company's overall efficiency in using its assets to generate earnings has been volatile.
The return on total capital followed a similar trend, with varying values that ranged from negative to positive, and higher rates observed in the earlier periods. This ratio indicates the company's ability to generate returns from both its equity and debt capital, with fluctuations over time.
The return on equity (ROE) exhibited significant fluctuations, with negative values in some periods and positive values in others. The highest ROE values were observed in the earlier periods, indicating better returns to the company's shareholders during those times.
Overall, it is evident that Smart Global Holdings Inc's profitability ratios have been volatile, with varying levels of performance in utilizing its assets and capital to generate returns for its stakeholders over the analyzed periods.