Capri Holdings Ltd (CPRI)
Operating return on assets (Operating ROA)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -241,000 | 262,000 | 376,000 | 528,000 | 679,000 | 838,000 | 933,000 | 876,000 | 903,000 | 645,000 | 481,000 | 439,000 | 19,000 | -378,000 | -340,000 | -418,000 | -192,000 | 384,000 | 469,000 | 584,000 |
| Total assets | US$ in thousands | 6,689,000 | 7,617,000 | 7,346,000 | 7,409,000 | 7,295,000 | 7,554,000 | 7,202,000 | 7,610,000 | 7,480,000 | 7,680,000 | 7,493,000 | 7,624,000 | 7,481,000 | 7,765,000 | 7,803,000 | 7,533,000 | 7,946,000 | 8,325,000 | 8,393,000 | 8,308,000 |
| Operating ROA | -3.60% | 3.44% | 5.12% | 7.13% | 9.31% | 11.09% | 12.95% | 11.51% | 12.07% | 8.40% | 6.42% | 5.76% | 0.25% | -4.87% | -4.36% | -5.55% | -2.42% | 4.61% | 5.59% | 7.03% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-241,000K ÷ $6,689,000K
= -3.60%
The operating return on assets (operating ROA) of Capri Holdings Ltd has exhibited significant fluctuations over the past few quarters. The trend shows a general decline from a peak of 12.95% in September 2022 to -3.60% in March 2024. Following the peak, there was a downtrend until March 2021, when the operating ROA hit a low of 0.25%.
There was a slight recovery in June 2021, which was followed by another decline until December 2021. Subsequently, there was a notable improvement in operating ROA, reaching 12.07% in March 2022. However, the trend reversed again, showing a decline in the following quarters until hitting a negative figure in March 2024.
Overall, the operating ROA of Capri Holdings Ltd has been volatile, with periods of both growth and decline. It is essential for stakeholders to monitor this ratio closely to assess the company's operational efficiency and profitability.
Peer comparison
Mar 31, 2024