NCR Voyix Corporation (VYX)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 912,000 | 655,000 | -551,000 | -461,000 | -414,000 | -116,000 | 73,000 | 93,000 | 52,000 | 128,000 | 75,000 | 29,000 | 89,000 | -168,000 | -155,000 | -89,000 | -92,000 | 448,000 | 513,000 | 532,000 |
| Total assets | US$ in thousands | 4,452,000 | 4,674,000 | 4,783,000 | 5,007,000 | 4,990,000 | 13,223,000 | 11,279,000 | 11,442,000 | 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 |
| ROA | 20.49% | 14.01% | -11.52% | -9.21% | -8.30% | -0.88% | 0.65% | 0.81% | 0.45% | 1.09% | 0.64% | 0.25% | 0.76% | -1.45% | -1.28% | -1.02% | -1.09% | 4.56% | 5.16% | 5.57% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $912,000K ÷ $4,452,000K
= 20.49%
Based on the data provided, NCR Voyix Corporation's return on assets (ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started positively at 5.57% as of March 31, 2020, and gradually declined to negative figures by December 31, 2020, indicating a decline in the company's ability to generate profits relative to its total assets.
From the end of 2020 to the first half of 2023, the ROA remained mostly negative, indicating ongoing challenges in generating profits from its assets. However, there was a slight improvement from December 31, 2021, to March 31, 2022, with the ROA moving into positive territory.
From September 30, 2022, to December 31, 2024, the ROA showed significant improvement, reaching 20.49% by the end of 2024. This surge in ROA suggests that the company was able to generate higher profits relative to its asset base during this period.
Overall, the analysis shows that NCR Voyix Corporation experienced a mix of positive and negative trends in its return on assets over the timeline provided, with fluctuations indicating varying levels of profitability efficiency in utilizing its assets.