Box Inc (BOX)

Return on assets (ROA)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Net income (ttm)	US$ in thousands	218,683	149,846	147,609	137,904	129,032	50,326	49,578	39,832	26,783	1,929	-21,840	-31,585	-41,459	-42,077	-33,500	-32,456	-43,433	-68,880	-104,492	-133,070
Total assets	US$ in thousands	1,667,520	1,354,320	1,120,740	1,176,100	1,241,160	1,033,820	1,068,140	1,108,670	1,207,160	1,056,450	1,066,310	1,171,590	1,392,010	1,405,080	1,525,610	1,310,130	1,351,680	941,561	960,511	948,913
ROA		13.11%	11.06%	13.17%	11.73%	10.40%	4.87%	4.64%	3.59%	2.22%	0.18%	-2.05%	-2.70%	-2.98%	-2.99%	-2.20%	-2.48%	-3.21%	-7.32%	-10.88%	-14.02%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $218,683K ÷ $1,667,520K
= 13.11%

Box Inc's return on assets (ROA) has shown a consistent improvement over the past few years based on the provided data. From a negative ROA of -14.02% in April 2020, the company gradually reduced its losses and managed to achieve a positive ROA of 13.11% in January 2025. This significant improvement indicates that Box Inc has been able to effectively utilize its assets to generate higher profits and is moving towards a more efficient use of its resources.

The turnaround in ROA was particularly evident from the period between October 2022 and January 2025, where Box Inc steadily increased its ROA from a slight positive 0.18% to 13.11%. This indicates that the company has implemented successful strategies to boost its profitability and maximize returns from its asset base.

Overall, the positive trend in Box Inc's ROA reflects its improving financial performance and efficiency in generating profits relative to its assets. It suggests that the company has been successful in enhancing its operational effectiveness and creating value for its shareholders.