Silicon Laboratories Inc (SLAB)

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	-190,993	-236,974	-198,122	-105,009	-34,516	60,632	71,283	82,462	91,402	62,943	2,118,644	2,099,115	2,089,717	2,101,763	-1,934	-46,637	-57,902	-57,135	-9,957	16,087
Total assets	US$ in thousands	1,222,670	1,249,240	1,249,990	1,344,150	1,443,060	1,475,060	1,518,800	2,161,450	2,169,430	2,336,300	2,419,400	2,843,760	2,958,300	3,639,500	1,896,000	1,870,620	1,993,490	1,943,080	1,923,710	1,971,080
ROA		-15.62%	-18.97%	-15.85%	-7.81%	-2.39%	4.11%	4.69%	3.82%	4.21%	2.69%	87.57%	73.81%	70.64%	57.75%	-0.10%	-2.49%	-2.90%	-2.94%	-0.52%	0.82%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-190,993K ÷ $1,222,670K
= -15.62%

Silicon Laboratories Inc's return on assets (ROA) has shown significant fluctuations over the past few quarters. From March 31, 2020, to December 31, 2021, the ROA was predominantly negative, indicating that the company was not generating satisfactory returns on its assets during this period.

However, a notable turnaround occurred in the subsequent quarters, with ROA increasing sharply to exceptionally high levels in the latter part of 2021 and in the first half of 2022. This remarkable improvement in ROA suggests that Silicon Laboratories Inc's asset utilization and profitability significantly improved during this period.

Nevertheless, ROA started to decline again from September 30, 2022, to December 31, 2024, with negative values indicating a decrease in asset efficiency and profitability. The negative ROA figures from March 31, 2023, to December 31, 2024, highlight challenges in generating earnings relative to the company's total assets during this period.

Overall, Silicon Laboratories Inc's ROA has demonstrated volatility, indicating fluctuations in the company's ability to effectively utilize its assets to generate profits for shareholders. Periods of high ROA suggest strong asset performance, while negative ROA values reflect challenges in profitability and asset efficiency.