NCR Voyix Corporation (VYX)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -37,000 | 37,000 | 489,000 | 474,000 | 221,000 |
| Total assets | US$ in thousands | 4,452,000 | 4,990,000 | 11,507,000 | 11,641,000 | 8,414,000 |
| Operating ROA | -0.83% | 0.74% | 4.25% | 4.07% | 2.63% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-37,000K ÷ $4,452,000K
= -0.83%
Based on the data provided for NCR Voyix Corporation's operating return on assets (operating ROA) over the years, we observe fluctuations in the performance of the company.
The operating ROA increased from 2.63% as of December 31, 2020, to 4.07% by December 31, 2021, indicating an improvement in the company's operating efficiency and profitability during that period. This positive trend continued into the following year, with a further increase in operating ROA to 4.25% by December 31, 2022, suggesting continued operational effectiveness.
However, there was a noticeable decline in operating ROA to 0.74% by December 31, 2023, potentially signaling challenges or inefficiencies in the company's operations that impacted its profitability. This trend worsened significantly by December 31, 2024, with the operating ROA turning negative at -0.83%, indicating potential operational issues or financial difficulties affecting the company's ability to generate profits from its assets.
In conclusion, while NCR Voyix Corporation initially showed improvements in operating ROA, the subsequent decline and eventual negative operating ROA raise concerns about the company's operational performance and financial health. Further analysis of the underlying factors driving these fluctuations is needed to assess the company's overall operational efficiency and profitability.