Talos Energy (TALO)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -76,393 | 187,332 | 381,915 | -182,952 | -465,605 |
| Total assets | US$ in thousands | 6,191,800 | 4,816,310 | 3,058,630 | 2,766,820 | 2,834,550 |
| ROA | -1.23% | 3.89% | 12.49% | -6.61% | -16.43% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-76,393K ÷ $6,191,800K
= -1.23%
Based on the provided data, Talos Energy's Return on Assets (ROA) has shown fluctuating trends over the past five years.
1. December 31, 2020: The ROA was -16.43%, indicating that the company incurred a net loss in relation to its total assets during this period.
2. December 31, 2021: The ROA improved to -6.61%, suggesting that Talos Energy's performance in generating earnings from its assets slightly improved compared to the previous year.
3. December 31, 2022: A significant positive turnaround was observed with an ROA of 12.49%, indicating that the company generated a healthy return on its assets during this period.
4. December 31, 2023: The ROA decreased to 3.89%, showing a slight decline in the company's ability to generate earnings from its assets compared to the previous year.
5. December 31, 2024: The ROA further decreased to -1.23%, indicating that Talos Energy faced challenges in generating returns on its assets, resulting in a negative ROA.
Overall, the analysis suggests that Talos Energy's ROA has been volatile over the past five years, with significant fluctuations in performance. It is important for the company to focus on improving efficiency in asset utilization to enhance its overall profitability and financial performance.
Peer comparison
Dec 31, 2024