Vicor Corporation (VICR)
Return on assets (ROA)
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 53,595 | 52,989 | 38,199 | 31,691 | 25,446 | 26,264 | 37,731 | 46,532 | 56,625 | 58,938 | 51,464 | 34,737 | 17,910 | 8,029 | 8,181 | 8,077 | 14,098 | 19,696 | 26,771 | 32,068 |
| Total assets | US$ in thousands | 594,887 | 584,135 | 560,661 | 544,255 | 536,901 | 527,102 | 513,356 | 489,349 | 477,205 | 458,830 | 446,376 | 417,621 | 396,239 | 380,119 | 372,734 | 246,725 | 240,727 | 237,910 | 230,603 | 225,004 |
| ROA | 9.01% | 9.07% | 6.81% | 5.82% | 4.74% | 4.98% | 7.35% | 9.51% | 11.87% | 12.85% | 11.53% | 8.32% | 4.52% | 2.11% | 2.19% | 3.27% | 5.86% | 8.28% | 11.61% | 14.25% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $53,595K ÷ $594,887K
= 9.01%
To analyze Vicor Corp.'s return on assets (ROA) based on the provided data, we observe fluctuations in the ROA over the past eight quarters.
In Q4 2023, Vicor Corp. achieved an ROA of 9.01%, representing a slight decrease from the previous quarter's 9.07%. This indicates that the company's ability to generate profits relative to its total assets remained relatively stable.
Comparing the current ROA to earlier quarters, we note a general upward trend since Q1 2022, where the ROA was at its lowest point of 4.74%. This suggests an improvement in the company's efficiency in utilizing its assets to generate profits over time.
It is also noteworthy that the ROA peaked at 9.51% in Q1 2022 before experiencing fluctuations in subsequent quarters. The variability in ROA figures may indicate periodic changes in the company's profitability and asset utilization efficiency.
Overall, Vicor Corp.'s ROA performance over the past quarters demonstrates a generally positive trend, with occasional fluctuations. Further analysis and consideration of external factors are necessary to fully understand the drivers behind these changes in return on assets.
Peer comparison
Dec 31, 2023