Vista Outdoor Inc (VSTO)

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 -5,505 -340,008 -126,666 -77,633 -9,718 397,441 450,431 496,516 473,226 542,872 503,614 443,719 381,470 283,634 219,403 127,860 70,769 85,492 -443,798 -464,718
Total assets US$ in thousands 2,402,380 2,453,600 2,746,800 2,809,720 2,798,880 3,329,700 3,397,920 2,457,070 2,396,200 2,361,870 2,017,960 1,851,800 1,764,940 1,528,740 1,431,320 1,388,450 1,394,880 1,548,930 1,629,200 1,861,300
ROA -0.23% -13.86% -4.61% -2.76% -0.35% 11.94% 13.26% 20.21% 19.75% 22.98% 24.96% 23.96% 21.61% 18.55% 15.33% 9.21% 5.07% 5.52% -27.24% -24.97%

March 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-5,505K ÷ $2,402,380K
= -0.23%

The return on assets (ROA) for Vista Outdoor Inc has shown variability over the past few quarters. The ROA was negative in the most recent quarter at -0.23%, which was an improvement compared to the significantly lower -13.86% in the previous quarter. Prior to these declines, the company had been consistently generating positive ROA figures, with double-digit values observed in the quarters before the recent downturn.

Overall, the trend in ROA for Vista Outdoor Inc indicates some recent challenges in efficiently utilizing its assets to generate profits. It will be important to monitor future financial statements to assess the company's ability to improve its ROA and return to a more positive trajectory.


Peer comparison

Mar 31, 2024