Thryv Holdings Inc (THRY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -350,390 | -270,615 | -260,185 | -259,295 | -52,199 | -11,873 | 30,151 | 54,348 | 109,881 | 132,225 | 98,582 | 101,577 | 206,289 | 170,520 | 157,625 | 149,221 | 23,129 | 44,667 | 57,519 | 35,504 |
| 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 |
| ROA | -53.51% | -34.45% | -33.07% | -33.11% | -5.02% | -1.08% | 2.57% | 4.61% | 8.52% | 10.01% | 7.20% | 7.81% | 14.98% | 12.08% | 10.21% | 12.28% | 1.91% | 3.43% | 4.25% | 2.56% |
September 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-350,390K ÷ $654,753K
= -53.51%
Thryv Holdings Inc's return on assets (ROA) has shown significant fluctuation over the periods analyzed. The ROA has ranged from -53.51% to 14.98% during the period from December 2019 to September 2024.
The negative ROA figures, particularly in the recent quarters, such as -53.51% in September 2024 and -34.45% in June 2024, indicate that the company is generating lower profits relative to its assets. This may suggest operational inefficiencies or declining profitability.
On the other hand, the positive ROA figures, like 14.98% in September 2021 and 12.28% in December 2020, show periods of stronger profitability relative to its assets. This could imply effective asset utilization and good financial performance during those periods.
Overall, Thryv Holdings Inc's ROA demonstrates volatility and inconsistency in generating profits from its assets. It would be essential for stakeholders to further analyze the company's financial health and operational efficiency to understand the underlying factors contributing to these fluctuations in ROA.