Silicon Laboratories Inc (SLAB)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -191,010 | -34,516 | 91,402 | 2,117,400 | 12,531 |
| Total assets | US$ in thousands | 1,222,670 | 1,443,060 | 2,169,430 | 2,958,300 | 1,993,490 |
| ROA | -15.62% | -2.39% | 4.21% | 71.57% | 0.63% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-191,010K ÷ $1,222,670K
= -15.62%
Silicon Laboratories Inc's Return on Assets (ROA) has exhibited significant variability over the years, as per the provided data. In December 31, 2020, the ROA stood at a modest 0.63%. However, by December 31, 2021, there was a substantial surge, reaching an impressive 71.57%. This sharp increase suggests a significant improvement in the company's efficiency in generating profits from its assets.
In the following years, Silicon Laboratories Inc's ROA decreased to 4.21% by December 31, 2022, indicating a slight decline in asset utilization efficiency. The trend continued with a negative ROA of -2.39% in December 31, 2023, and a further decline to -15.62% by December 31, 2024. These negative ROA values imply that the company's assets were not generating sufficient profits, potentially indicating operational inefficiencies or asset impairment issues.
Overall, Silicon Laboratories Inc's ROA trend highlights a mix of strong performance and challenges in effectively utilizing its assets to generate profits. Further analysis of the company's financial and operational strategies may be necessary to understand the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2024