Cracker Barrel Old Country Store (CBRL)

Return on assets (ROA)

		Aug 2, 2024	Apr 26, 2024	Jan 26, 2024	Oct 27, 2023	Jul 28, 2023	Apr 28, 2023	Jan 27, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019
Net income (ttm)	US$ in thousands	40,930	60,253	83,420	87,377	99,050	94,952	108,500	115,633	131,880	134,879	140,833	117,209	254,513	243,216	47,814	94,982	-32,475	7,484	219,830	219,417
Total assets	US$ in thousands	2,161,490	2,157,090	2,185,060	2,219,630	2,218,090	2,213,470	2,256,710	2,287,050	2,294,910	2,279,130	2,302,440	2,372,740	2,391,690	2,642,920	2,872,040	2,920,120	2,544,260	2,235,880	2,136,920	2,137,890
ROA		1.89%	2.79%	3.82%	3.94%	4.47%	4.29%	4.81%	5.06%	5.75%	5.92%	6.12%	4.94%	10.64%	9.20%	1.66%	3.25%	-1.28%	0.33%	10.29%	10.26%

August 2, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $40,930K ÷ $2,161,490K
= 1.89%

Cracker Barrel Old Country Store's return on assets (ROA) has shown fluctuations over the past few quarters. ROA measures how effectively a company is generating profits from its assets.

The trend indicates that the ROA has been generally positive, with some periods of significant improvement and slight declines. From Nov 1, 2019, to Aug 2, 2024, the ROA ranged from a low of -1.28% to a high of 10.64%.

The latest ROA figure of 1.89% as of Aug 2, 2024, is lower compared to the previous quarter, indicating a decrease in profitability generated from the company's assets. However, it is important to note that ROA figures can be influenced by various factors such as asset utilization efficiency, profitability, and financial leverage.

Overall, it is crucial for investors and stakeholders to monitor Cracker Barrel Old Country Store's ROA closely to assess the company's operational efficiency and profitability in utilizing its assets to generate returns.