Telephone and Data Systems Inc (TDS)

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	-97,000	-540,000	-491,000	-496,000	-513,000	-37,000	-30,000	-10,000	39,000	100,000	150,000	159,000	155,000	138,000	176,000	214,000	226,000	223,000	163,000	131,000
Total assets	US$ in thousands	13,683,000	13,726,000	13,872,000	13,866,000	13,922,000	14,414,000	14,406,000	14,539,000	14,550,000	14,479,000	14,242,000	14,124,000	13,493,000	13,446,000	12,780,000	13,407,000	12,525,000	11,895,000	11,161,000	10,895,000
ROA		-0.71%	-3.93%	-3.54%	-3.58%	-3.68%	-0.26%	-0.21%	-0.07%	0.27%	0.69%	1.05%	1.13%	1.15%	1.03%	1.38%	1.60%	1.80%	1.87%	1.46%	1.20%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-97,000K ÷ $13,683,000K
= -0.71%

The return on assets (ROA) of Telephone and Data Systems Inc has shown a declining trend over the past few years. Starting at 1.20% as of March 31, 2020, the ROA gradually increased to a peak of 1.87% by September 30, 2020 before beginning to decline.

The ROA experienced fluctuations throughout the subsequent quarters, with a general downward trend observed. By December 31, 2024, the ROA had decreased significantly to -0.71%. Notably, the ROA turned negative in the latter part of the time series, indicating that the company's assets were not generating sufficient earnings to cover their costs.

This downward trend in ROA may suggest potential inefficiencies in asset utilization or profitability challenges within Telephone and Data Systems Inc. Further analysis of the company's financial performance and operational strategies may be needed to address the declining trend in ROA and improve overall profitability.