Xencor Inc (XNCR)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-232,618	-126,087	-55,181	82,631	-63,539
Total assets	US$ in thousands	951,945	952,692	846,266	838,211	703,244
ROA		-24.44%	-13.23%	-6.52%	9.86%	-9.04%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $-232,618K ÷ $951,945K
= -24.44%

Based on the provided data, Xencor Inc's return on assets (ROA) has shown significant fluctuations over the past five years.

In December 31, 2020, the ROA was negative at -9.04%, indicating that the company generated a net loss relative to its total assets.

However, there was a notable improvement in the following year, December 31, 2021, with the ROA increasing to 9.86%. This suggests that Xencor Inc was able to generate a positive return on its assets, indicating improved operational efficiency or profitability.

The trend reversed in December 31, 2022, when the ROA decreased to -6.52%, indicating a decline in the company's ability to generate profits from its assets.

The downward trend continued in the subsequent years, with ROA declining further to -13.23% in December 31, 2023, and significantly dropping to -24.44% in December 31, 2024. These declining ROA figures suggest that Xencor Inc may be experiencing challenges in effectively utilizing its assets to generate profits.

Overall, the fluctuating ROA figures for Xencor Inc indicate inconsistent performance in terms of asset utilization and profitability over the five-year period, with a notable drop in recent years raising concerns about the company's operational efficiency and financial health.