SanDisk Corp (SNDK)
Return on assets (ROA)
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 388,478 | 1,007,450 | 1,042,660 | 417,404 | 1,300,140 |
| Total assets | US$ in thousands | 9,230,760 | 10,290,000 | 10,488,700 | 10,339,100 | 10,174,600 |
| ROA | 4.21% | 9.79% | 9.94% | 4.04% | 12.78% |
December 31, 2015 calculation
ROA = Net income ÷ Total assets
= $388,478K ÷ $9,230,760K
= 4.21%
SanDisk Corp's return on assets (ROA) has exhibited some fluctuations over the five-year period analyzed. In 2011, the company achieved a robust ROA of 12.78%, indicating the company was efficiently utilizing its assets to generate profits. However, this performance dipped significantly in 2012 to 4.04%, reflecting a decline in asset efficiency.
The company managed to improve its ROA in the following years, with 2013 showing a decent recovery at 9.94%. This trend continued into 2014, where SanDisk Corp maintained a strong ROA of 9.79%, indicating effective management of its assets to generate returns.
Nevertheless, there was a notable drop in performance in 2015, with the ROA falling to 4.21%. This decline suggests potential challenges in asset utilization or profitability during that year.
Overall, SanDisk Corp's ROA demonstrates a mix of highs and lows over the period, showcasing fluctuations in the company's ability to generate profits relative to its total assets.
Peer comparison
Dec 31, 2015