Telephone and Data Systems Inc (TDS)

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	-500,000	-19,000	-27,000	10,000	63,000	118,000	166,000	158,000	156,000	140,000	178,000	216,000	226,000	223,000	163,000	131,000	121,000	126,000	154,000	154,000
Total assets	US$ in thousands	13,921,000	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	10,781,000	10,881,000	10,795,000	10,787,000
ROA		-3.59%	-0.13%	-0.19%	0.07%	0.43%	0.81%	1.17%	1.12%	1.16%	1.04%	1.39%	1.61%	1.80%	1.87%	1.46%	1.20%	1.12%	1.16%	1.43%	1.43%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $-500,000K ÷ $13,921,000K
= -3.59%

Telephone And Data Systems, Inc.'s return on assets (ROA) has shown a declining trend over the past eight quarters, ranging from -4.09% in Q4 2023 to 0.74% in Q1 2022. The negative ROA figures indicate that the company's net income generated by its assets has been insufficient to cover its total assets' value. This trend suggests that the company may be facing challenges in generating profits relative to its asset base. The decreasing ROA figures could be a cause for concern as they indicate a potential decline in the company's efficiency in generating returns from its assets. Investors and stakeholders may want to closely monitor this trend to assess the company's financial performance and sustainability in the long run.