ViaSat Inc (VSAT)
Operating return on assets (Operating ROA)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -889,806 | -155,956 | -113,141 | -45,953 | 38,421 |
| Total assets | US$ in thousands | 16,329,400 | 7,730,340 | 6,389,350 | 5,349,470 | 4,883,870 |
| Operating ROA | -5.45% | -2.02% | -1.77% | -0.86% | 0.79% |
March 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-889,806K ÷ $16,329,400K
= -5.45%
ViaSat Inc's operating return on assets (ROA) has shown a declining trend over the past five years, from a positive 0.79% in March 2020 to a negative 5.45% in March 2024. This indicates that the company's operating income generated from its assets has been decreasing, potentially raising concerns about the effectiveness of asset utilization in generating profits. The negative operating ROA in the most recent period suggests that the company is not efficiently utilizing its assets to generate operating income. Further analysis of the factors affecting the company's operating performance and asset management efficiency would be necessary to understand the underlying reasons for this decline in operating ROA.
Peer comparison
Mar 31, 2024