Vishay Intertechnology Inc (VSH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -31,150 | 323,820 | 428,810 | 297,970 | 122,923 |
| Total assets | US$ in thousands | 4,110,700 | 4,239,920 | 3,865,650 | 3,543,260 | 3,154,470 |
| ROA | -0.76% | 7.64% | 11.09% | 8.41% | 3.90% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-31,150K ÷ $4,110,700K
= -0.76%
Vishay Intertechnology Inc's return on assets (ROA) has shown fluctuations over the past five years. The company's ROA increased from 3.90% in 2020 to 8.41% in 2021, indicating improved efficiency in generating profits from its assets. This upward trend continued in 2022, with an ROA of 11.09%, suggesting a significant boost in profitability relative to its asset base.
However, there was a slight decline in ROA in 2023 to 7.64%, which may indicate some challenges in maintaining the same level of profitability compared to the previous year. The most concerning aspect was the negative ROA of -0.76% in 2024, which signifies that Vishay Intertechnology Inc may have incurred a loss or faced difficulties in generating profits from its assets during that period.
Overall, while the company exhibited strong ROA performance in 2021 and 2022, the subsequent decrease in 2023 and negative ROA in 2024 raise questions about its operational efficiency and ability to generate sustainable returns from its asset base. Further analysis of the company's financial and operational strategies would be necessary to understand the underlying reasons for these fluctuations in ROA.
Peer comparison
Dec 31, 2024