Capri Holdings Ltd (CPRI)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,599,000 | 1,848,000 | 2,559,000 | 2,158,000 | 2,167,000 |
| ROE | -14.32% | 33.33% | 32.12% | -2.87% | -10.29% |
March 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-229,000K ÷ $1,599,000K
= -14.32%
The return on equity (ROE) for Capri Holdings Ltd has exhibited fluctuations over the past five years. In the most recent fiscal year ending on March 31, 2024, the ROE was negative at -14.32%, indicating that the company generated a net loss relative to its shareholders' equity. This represents a significant deterioration compared to the positive ROE figures in the two preceding years.
In contrast, the ROE was relatively robust in the fiscal years ending on March 31, 2023, and March 31, 2022, at 33.33% and 32.12%, respectively. These figures suggest that the company was effectively utilizing its equity to generate a profit for its shareholders during those periods.
However, the company experienced negative ROE figures in the fiscal years ending on March 31, 2021, and March 31, 2020, at -2.87% and -10.29%, respectively, indicating that the returns generated from equity were insufficient to cover the losses incurred during those periods.
Overall, the fluctuating trend in Capri Holdings Ltd's ROE over the five-year period indicates varying levels of profitability and efficiency in utilizing shareholders' equity. Further analysis and investigation into the factors driving these fluctuations would be necessary to assess the company's financial performance accurately.
Peer comparison
Mar 31, 2024