Agilysys Inc (AGYS)

Operating return on assets (Operating ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating income	US$ in thousands	15,753	12,875	6,319	-20,958	-34,061
Total assets	US$ in thousands	350,430	243,036	214,162	189,873	154,562
Operating ROA		4.50%	5.30%	2.95%	-11.04%	-22.04%

March 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $15,753K ÷ $350,430K
= 4.50%

The operating return on assets (operating ROA) of Agilysys Inc has demonstrated varying performance over the past five years. In the most recent period, as of March 31, 2024, the operating ROA stood at 4.50%, showing a decline from the previous year's figure of 5.30%.

Looking back further, in March 2022, Agilysys Inc's operating ROA was 2.95%, indicating a modest performance compared to the more recent years. The company faced challenges in March 2021, with a negative operating ROA of -11.04%, although this improved from the previous year's significantly low figure of -22.04% in March 2020.

The trend in operating ROA indicates fluctuations in the company's ability to generate operating profits from its assets over the years. While the positive operating ROA figures in recent years reflect a relatively healthier operating performance, Agilysys Inc may need to focus on enhancing efficiency in utilizing its assets to improve its overall profitability in the future.