Cisco Systems Inc (CSCO)

Return on assets (ROA)

		Jul 27, 2024	Apr 27, 2024	Jan 27, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 23, 2021	Oct 24, 2020	Jul 25, 2020	Apr 25, 2020	Jan 25, 2020	Oct 26, 2019
Net income (ttm)	US$ in thousands	10,320,000	12,116,000	13,442,000	13,581,000	12,613,000	11,470,000	11,302,000	11,502,000	11,812,000	12,006,000	11,825,000	11,397,000	10,591,000	10,218,000	10,129,000	10,462,000	11,214,000	10,784,000	11,054,000	10,998,000
Total assets	US$ in thousands	124,413,000	122,998,000	101,174,000	98,782,000	101,852,000	97,529,000	95,840,000	93,054,000	94,002,000	92,797,000	94,262,000	95,981,000	97,497,000	93,896,000	95,601,000	95,003,000	94,853,000	91,394,000	90,426,000	92,492,000
ROA		8.29%	9.85%	13.29%	13.75%	12.38%	11.76%	11.79%	12.36%	12.57%	12.94%	12.54%	11.87%	10.86%	10.88%	10.60%	11.01%	11.82%	11.80%	12.22%	11.89%

July 27, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $10,320,000K ÷ $124,413,000K
= 8.29%

The return on assets (ROA) of Cisco Systems Inc has shown fluctuations over the past few years. The ROA ranged from a low of 8.29% to a high of 13.75% during the most recent quarters. Generally, Cisco's ROA has been above 10%, indicating that the company has been generating positive returns from its assets.

The trend in ROA indicates that Cisco's ability to generate profits relative to its total assets has been relatively stable, with some variability in performance. The highest ROA of 13.75% in the most recent quarter suggests that Cisco efficiently utilizes its assets to generate earnings.

Investors and analysts may view Cisco's ROA performance positively, as it indicates the company's efficiency in generating profits from its assets. However, it is essential to monitor any fluctuations in ROA over time to assess the company's financial health and operational efficiency.