Agilysys Inc (AGYS)

Return on assets (ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	86,195	14,582	6,478	-21,001	-34,067
Total assets	US$ in thousands	350,430	243,036	214,162	189,873	154,562
ROA		24.60%	6.00%	3.02%	-11.06%	-22.04%

March 31, 2024 calculation

ROA = Net income ÷ Total assets
= $86,195K ÷ $350,430K
= 24.60%

Agilysys Inc has shown a notable improvement in its return on assets (ROA) performance over the past five years. The ROA increased from -22.04% in 2020 to 24.60% in 2024. This upward trend indicates that the company has become more efficient in generating profits relative to its total assets. The significant improvement in ROA suggests that Agilysys Inc has been effectively utilizing its assets to generate earnings, which is a positive sign for the company's overall financial health and operational efficiency.