Capri Holdings Ltd (CPRI)
Return on assets (ROA)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -229,000 | 616,000 | 822,000 | -62,000 | -223,000 |
| Total assets | US$ in thousands | 6,689,000 | 7,295,000 | 7,480,000 | 7,481,000 | 7,946,000 |
| ROA | -3.42% | 8.44% | 10.99% | -0.83% | -2.81% |
March 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-229,000K ÷ $6,689,000K
= -3.42%
The return on assets (ROA) for Capri Holdings Ltd has fluctuated over the past five years, as follows:
- In March 2024, the ROA was -3.42%, indicating a negative return on assets, which may suggest inefficiency in asset utilization.
- In March 2023, the ROA stood at 8.44%, indicating a positive return on assets, showing efficiency in generating profit from the company's assets.
- In March 2022, the ROA was 10.99%, demonstrating a further improvement in asset utilization efficiency.
- In March 2021, the ROA was -0.83%, reflecting a negative return on assets.
- In March 2020, the ROA was -2.81%, also indicating a negative return on assets.
Overall, the trend in ROA for Capri Holdings Ltd shows volatility, with positive ROA in some years and negative ROA in others. This suggests varying levels of effectiveness in utilizing assets to generate profits over the period analyzed.
Peer comparison
Mar 31, 2024