Box Inc (BOX)

Return on equity (ROE)

		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	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Net income (ttm)	US$ in thousands	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	-144,348	-133,652	-132,952	-134,803
Total stockholders’ equity	US$ in thousands	-431,062	-540,415	-536,964	-512,085	-523,851	-567,594	-579,504	-483,965	-395,087	-273,150	-152,987	124,813	151,065	87,562	59,592	40,848	22,357	20,775	22,266	30,538
ROE		—	—	—	—	—	—	—	—	—	—	—	-26.00%	-28.75%	-78.66%	-175.35%	-325.77%	-645.65%	-643.33%	-597.11%	-441.43%

January 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $129,032K ÷ $-431,062K
= —

The return on equity (ROE) of Box Inc has undergone significant fluctuations over the past few years. The ROE was negative for the majority of the periods analyzed, indicating that the company's net income did not generate a sufficient return to cover shareholders' equity.

In the most recent period available, the ROE data is missing, suggesting a lack of information to evaluate the company's performance. The negative ROE figures from the previous periods, such as -26.00%, -28.75%, and -78.66%, highlight challenges in profitability and efficiency in utilizing shareholders' equity to generate returns.

Furthermore, the ROE figures for the earlier periods show steep declines, reaching as low as -645.65% and -643.33%, indicating severe inefficiencies in capital utilization and potential financial distress.

These concerning trends suggest that Box Inc has struggled to deliver profitable returns for its shareholders, and management may need to address operational inefficiencies and financial performance to improve the company's overall financial health.