Take-Two Interactive Software Inc (TTWO)

Return on assets (ROA)

		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	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	-3,744,200	-1,451,500	-1,513,300	-1,226,700	-1,124,700	-403,500	-105,500	161,700	418,000	525,926	563,574	652,695	588,900	492,796	474,190	446,684	404,459	338,566	354,872	308,424
Total assets	US$ in thousands	12,216,900	14,895,700	15,207,400	15,525,300	15,862,100	16,881,400	17,492,900	17,744,900	6,546,300	6,357,950	6,619,030	6,314,260	6,028,220	5,966,100	5,836,150	5,369,240	4,948,830	4,879,630	4,815,110	4,366,220
ROA		-30.65%	-9.74%	-9.95%	-7.90%	-7.09%	-2.39%	-0.60%	0.91%	6.39%	8.27%	8.51%	10.34%	9.77%	8.26%	8.13%	8.32%	8.17%	6.94%	7.37%	7.06%

March 31, 2024 calculation

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

Take-Two Interactive Software Inc's return on assets (ROA) has shown significant fluctuations over the past few quarters. The ROA was negative in the most recent quarter, indicating that the company's net income was not sufficient to cover its total assets. This negative trend has been consistent over the last few quarters, with ROA figures ranging from -2.39% to -30.65%.

Looking at the trend prior to the recent negative performance, Take-Two Interactive Software Inc had experienced a positive ROA, with figures ranging from 6.39% to 10.34%. This period of positive ROA suggests that the company was effectively generating profits relative to its assets.

Overall, the recent negative ROA indicates a decline in the company's ability to generate earnings from its assets. Investors and stakeholders may need to closely monitor future financial performance to determine if this negative trend persists or if the company can improve its profitability and operational efficiency.