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.
Peer comparison
Dec 31, 2023