ViaSat Inc (VSAT)
Return on assets (ROA)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,068,900 | 1,084,810 | -15,534 | 3,691 | -212 |
| Total assets | US$ in thousands | 16,329,400 | 7,730,340 | 6,389,350 | 5,349,470 | 4,883,870 |
| ROA | -6.55% | 14.03% | -0.24% | 0.07% | -0.00% |
March 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-1,068,900K ÷ $16,329,400K
= -6.55%
ViaSat Inc's Return on Assets (ROA) has varied significantly over the past five years, ranging from -6.55% in March 2024 to 14.03% in March 2023. The negative ROA in March 2024 indicates that the company generated a net loss relative to its total assets, which could be a concern for investors and stakeholders.
The sharp decrease in ROA from 14.03% in March 2023 to -6.55% in March 2024 may suggest a significant decline in the company's ability to generate profits from its assets. This could be attributed to various factors such as declining revenues, increased operating expenses, or impairment charges.
It's also worth noting that the ROA has been volatile over the past five years, with fluctuations from negative to positive values. This inconsistency in ROA performance may indicate instability or challenges in ViaSat Inc's operational efficiency and profitability.
Overall, the negative ROA in March 2024 raises concerns about ViaSat Inc's financial performance and efficiency in generating profits from its assets. It would be important for the company to address the factors contributing to this negative ROA and work towards improving its profitability and asset utilization in the future.
Peer comparison
Mar 31, 2024