Tidewater Inc (TDW)

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	180,656	181,415	161,243	133,473	97,185	70,141	49,322	1,157	-21,749	-70,303	-101,941	-105,822	-128,969	-120,282	-131,951	-213,112	-196,242	-226,848	-233,121	-138,457
Total assets	US$ in thousands	2,074,900	2,047,130	2,089,750	2,077,820	2,062,770	2,071,560	1,344,160	1,327,150	1,297,660	1,283,060	1,282,740	1,054,130	1,095,780	1,123,070	1,151,730	1,188,930	1,251,180	1,350,770	1,415,680	1,553,120
ROA		8.71%	8.86%	7.72%	6.42%	4.71%	3.39%	3.67%	0.09%	-1.68%	-5.48%	-7.95%	-10.04%	-11.77%	-10.71%	-11.46%	-17.92%	-15.68%	-16.79%	-16.47%	-8.91%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $180,656K ÷ $2,074,900K
= 8.71%

The return on assets (ROA) for Tidewater Inc has shown a significant improvement over the past few quarters. Starting at negative figures in early 2020, the ROA gradually improved and turned positive by the end of 2023. This positive trend continued into 2024, with the ROA reaching 8.71% as of December 31, 2024.

The improvement in ROA indicates that Tidewater Inc has become more efficient in generating profits from its assets. A rising ROA suggests that the company is effectively utilizing its assets to generate earnings. This positive trend in ROA reflects well on the company's management and operational efficiency.

Overall, the turnaround from negative ROA to positive figures demonstrates Tidewater Inc's ability to enhance its profitability and efficiency in asset utilization over the analyzed period.