Thryv Holdings Inc (THRY)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -255,410 | -186,219 | -194,403 | -200,017 | 94,114 | 144,570 | 197,160 | 218,082 | 171,336 | 206,055 | 177,093 | 190,013 | 202,165 | 157,757 | 154,998 | 152,013 | 158,712 | 209,424 | 216,897 | 202,367 |
| Total assets | US$ in thousands | 654,753 | 785,483 | 786,835 | 783,170 | 1,040,380 | 1,101,230 | 1,172,270 | 1,177,880 | 1,289,880 | 1,320,330 | 1,369,720 | 1,300,500 | 1,377,490 | 1,412,140 | 1,544,480 | 1,214,980 | 1,214,050 | 1,300,720 | 1,353,800 | 1,388,290 |
| Operating ROA | -39.01% | -23.71% | -24.71% | -25.54% | 9.05% | 13.13% | 16.82% | 18.51% | 13.28% | 15.61% | 12.93% | 14.61% | 14.68% | 11.17% | 10.04% | 12.51% | 13.07% | 16.10% | 16.02% | 14.58% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-255,410K ÷ $654,753K
= -39.01%
Thryv Holdings Inc's operating ROA has displayed fluctuations over the past few quarters. The operating ROA was negative in recent periods, indicating the company's operating income generated from its assets was insufficient to cover its operating expenses.
The operating ROA declined from positive figures in the previous quarters to negative figures, indicating a deteriorating operational efficiency. The negative percentages suggest that the company's operating income was not able to generate positive returns on its assets during these periods.
It is important for Thryv Holdings Inc to closely monitor and improve its operating ROA as it reflects the effectiveness of the company in generating profits from its operational activities relative to its total assets. The declining trend in operating ROA raises concerns about the company's operational performance and efficiency in utilizing its assets to generate profits.