NCR Voyix Corporation (VYX)
Operating return on assets (Operating ROA)
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 37,000 | 225,000 | 209,000 | 245,000 | 249,000 | 314,000 | 416,000 | 397,000 | 474,000 | 288,000 | 249,000 | 254,000 | 221,000 | 466,000 | 520,000 | 588,000 | 611,000 | 492,000 | 445,000 | 182,000 |
| Total assets | US$ in thousands | 4,990,000 | 13,215,000 | 11,275,000 | 11,440,000 | 11,507,000 | 11,783,000 | 11,756,000 | 11,715,000 | 11,641,000 | 11,589,000 | 12,063,000 | 8,702,000 | 8,414,000 | 9,828,000 | 9,949,000 | 9,555,000 | 8,987,000 | 8,451,000 | 8,222,000 | 8,198,000 |
| Operating ROA | 0.74% | 1.70% | 1.85% | 2.14% | 2.16% | 2.66% | 3.54% | 3.39% | 4.07% | 2.49% | 2.06% | 2.92% | 2.63% | 4.74% | 5.23% | 6.15% | 6.80% | 5.82% | 5.41% | 2.22% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $37,000K ÷ $4,990,000K
= 0.74%
The operating return on assets (ROA) of NCR Voyix Corporation has exhibited fluctuations over the past few quarters. The trend shows a gradual decline from 2.22% in March 2019 to a low of 0.74% in December 2023, with fluctuations in between. The highest operating ROA was recorded at 6.80% in March 2020.
The downward trend in operating ROA could indicate challenges in effectively utilizing the company's assets to generate operating profits, possibly due to operational inefficiencies or increased expenses. However, the company did experience some periods with higher operating ROA, notably in the first half of 2020.
Overall, NCR Voyix Corporation's operating ROA trend suggests the need for further analysis to understand the drivers behind the fluctuations and to implement strategies that can potentially improve asset utilization and profitability in the future.