Talos Energy (TALO)

Return on assets (ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	187,332	104,184	356,752	538,216	381,915	460,177	193,021	-127,902	-182,952	-694,707	-730,016	-744,845	-465,605	-34,558	90,739	326,114	58,729	364,711	304,523	134,847
Total assets	US$ in thousands	4,816,310	4,753,100	4,805,410	4,795,760	3,058,630	2,813,370	2,863,100	2,810,490	2,766,820	2,786,160	2,852,160	2,839,690	2,834,550	3,172,280	3,174,650	3,238,190	2,589,480	2,611,880	2,592,040	2,439,940
ROA		3.89%	2.19%	7.42%	11.22%	12.49%	16.36%	6.74%	-4.55%	-6.61%	-24.93%	-25.60%	-26.23%	-16.43%	-1.09%	2.86%	10.07%	2.27%	13.96%	11.75%	5.53%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $187,332K ÷ $4,816,310K
= 3.89%

The return on assets (ROA) for Talos Energy Inc has shown variability over the past eight quarters. In Q1 2022, the ROA was -4.55%, indicating the company had negative returns relative to its assets. However, the company quickly rebounded in Q2 2022 with an ROA of 6.74%, which improved further to 16.36% in Q3 2022, suggesting strong performance in utilizing its assets to generate profits.

Subsequently, there was a decline in ROA to 12.49% in Q4 2022, followed by a significant decrease to 11.22% in Q1 2023. The trend continued with a further drop to 7.42% in Q2 2023, and a decrease to 2.19% in Q3 2023. The latest ROA for Q4 2023 rebounded slightly to 3.89%.

Overall, the ROA trend for Talos Energy Inc has been fluctuating recently, indicating some challenges in effectively utilizing its assets to generate profits consistently. Further analysis of the company's operational efficiency and asset management strategies may be necessary to understand the fluctuations in ROA observed in the recent quarters.