Take-Two Interactive Software Inc (TTWO)

Return on assets (ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	-3,744,200	-1,124,700	418,000	588,900	404,459
Total assets	US$ in thousands	12,216,900	15,862,100	6,546,300	6,028,220	4,948,830
ROA		-30.65%	-7.09%	6.39%	9.77%	8.17%

March 31, 2024 calculation

ROA = Net income ÷ Total assets
= $-3,744,200K ÷ $12,216,900K
= -30.65%

Take-Two Interactive Software Inc's return on assets (ROA) has shown a downward trend over the past five years. The ROA decreased significantly from 8.17% in 2020 to -30.65% in 2024. This negative ROA in 2024 indicates that the company's net income generated from its assets is insufficient to cover its total assets. The declining trend in ROA suggests that the company may be experiencing challenges in generating profits relative to its asset base. Investors and stakeholders may view this trend as a cause for concern, as it indicates decreasing efficiency in asset utilization. It would be important for the company to address the factors contributing to this decline in order to improve its profitability and overall financial performance.