Sprinklr Inc (CXM)

Operating return on assets (Operating ROA)

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021
Operating income (ttm)	US$ in thousands	33,945	13,667	-4,125	-31,289	-51,224	-85,202	-105,365	-112,099
Total assets	US$ in thousands	1,223,110	1,087,710	1,072,650	1,024,020	1,024,990	896,995	911,284	900,173	920,046	844,710	851,478
Operating ROA		2.78%	1.26%	-0.38%	-3.06%	-5.00%	-9.50%	-11.56%	-12.45%

January 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $33,945K ÷ $1,223,110K
= 2.78%

Operating return on assets (operating ROA) is a key financial ratio that measures how efficiently a company generates operating income from its assets. It is calculated by dividing operating income by average total assets.

Analyzing the trend of Sprinklr Inc's operating ROA over the past few quarters reveals fluctuations in the company's operational efficiency. The operating ROA has shown improvement from negative figures in the past to positive percentages in recent quarters.

In particular, the operating ROA increased from -12.45% in April 2022 to 2.78% in January 2024, indicating a significant turnaround in the company's ability to generate operating income from its assets. This improvement suggests that Sprinklr Inc has been able to enhance its operational efficiency and profitability over this period.

Overall, the increasing trend in operating ROA is a positive signal, indicating that Sprinklr Inc is making better use of its assets to generate operating income. However, further analysis along with other financial metrics is recommended to gain a comprehensive understanding of the company's financial health and performance.