Beam Global(Beem) Financials: Return On Assets Compared To Industry Average, Plus Other Key Ratios

Profitability Trend (Last 5 Years)

Profitability - return on assets

This chart shows the historical trend of return on assets for BEEM compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', BEEM's return on assets was -21.5%, representing returns generated from total assets. Industry average for Semiconductors in '2021' stood at -6.9%.
• In '2022', BEEM's return on assets was -57.6%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Semiconductors in '2022' stood at -6.9%. Industry average declined by 0.1% from previous year.
• In '2023', BEEM's return on assets was -27.8%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Semiconductors in '2023' stood at -19.6%. Industry average declined by 12.7% from previous year.
• In '2024', BEEM's return on assets was -16.2%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Semiconductors in '2024' stood at -15.5%. Industry average increased by 4.1% compared to previous year.
Overall, BEEM's return on assets has been volatile but showed an upward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.