Sprinklr Inc (CXM)

Return on assets (ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 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 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020
Net income (ttm) US$ in thousands 121,609 44,073 50,585 59,229 51,403 29,594 6,767 -27,645 -55,741 -91,993 -115,364 -124,684 -114,093 -91,193 -80,930 -44,674 -41,184 -38,373
Total assets US$ in thousands 1,184,200 970,301 983,798 1,124,110 1,223,110 1,087,710 1,072,650 1,024,020 1,024,990 896,995 911,284 900,173 920,046 844,710 851,478 573,041 585,893 585,893
ROA 10.27% 4.54% 5.14% 5.27% 4.20% 2.72% 0.63% -2.70% -5.44% -10.26% -12.66% -13.85% -12.40% -10.80% -9.50% -7.80% -7.03% -6.55%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $121,609K ÷ $1,184,200K
= 10.27%

Sprinklr Inc's return on assets (ROA) has shown a declining trend from October 31, 2020, to January 31, 2023, with ROA ranging from -6.55% to -12.66%. This indicates that the company was not efficiently utilizing its assets to generate profits during this period.

However, starting from January 31, 2023, there has been a notable improvement in ROA, with positive figures recorded in subsequent periods. The ROA increased to 10.27% as of January 31, 2025, reflecting a significant enhancement in the company's asset utilization efficiency and profitability.

The improvement in ROA suggests that Sprinklr Inc has been able to generate higher profits relative to its total assets, which is a positive indication of its operational effectiveness and financial performance during the latter period of analysis. It may indicate better management of assets and increased operational efficiency within the company.