Tandem Diabetes Care Inc (TNDM)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	-99,127	-133,605	-139,057	-147,091	-151,883	-134,577	-150,525	-123,956	-92,824	-63,458	-8,245	9,426	21,527	28,577	19,848	2,379	-7,957	-24,475	-29,470	-19,298
Total assets	US$ in thousands	967,658	957,730	937,503	941,045	952,658	939,909	946,676	954,145	1,052,780	1,047,520	1,036,580	1,015,280	905,137	850,279	795,250	754,273	716,415	672,988	616,239	343,327
Operating ROA		-10.24%	-13.95%	-14.83%	-15.63%	-15.94%	-14.32%	-15.90%	-12.99%	-8.82%	-6.06%	-0.80%	0.93%	2.38%	3.36%	2.50%	0.32%	-1.11%	-3.64%	-4.78%	-5.62%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-99,127K ÷ $967,658K
= -10.24%

The operating return on assets (operating ROA) for Tandem Diabetes Care Inc has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The trend shows a decline initially, starting from negative values and gradually improving to positive percentages in mid-2021. However, from September 2021 onwards, the operating ROA begins to deteriorate again.

The highest operating ROA was observed on June 30, 2023, at 2.50%, and since then, it has been on a downward trajectory, reaching its lowest point on December 31, 2024, at -10.24%. This suggests that the company's ability to generate operating income from its assets has been fluctuating and facing challenges in recent periods.

Overall, the trend indicates that Tandem Diabetes Care Inc has been experiencing difficulties in efficiently utilizing its assets to generate operating income, as reflected in the negative operating ROA figures recorded in the latter part of the analyzed period.