Sprinklr Inc (CXM)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 51,403 | 29,593 | 6,766 | -27,646 | -55,742 | -166,545 | -188,393 | -196,817 | |||
| 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 |
| ROA | 4.20% | 2.72% | 0.63% | -2.70% | -5.44% | -18.57% | -20.67% | -21.86% |
January 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $51,403K ÷ $1,223,110K
= 4.20%
Sprinklr Inc's return on assets (ROA) has shown a positive trend over the past few quarters. The ROA increased steadily from -21.86% in April 2022 to 4.20% in January 2024, demonstrating a significant improvement in the company's ability to generate profits from its assets.
This positive trend indicates that Sprinklr Inc has been more efficient in utilizing its assets to generate earnings for shareholders. The company's management may have implemented effective strategies to improve asset performance and profitability.
Overall, the increasing ROA suggests that Sprinklr Inc's financial health and operational efficiency have been improving, which could be a positive signal for investors and stakeholders regarding the company's performance and growth prospects in the future.
Peer comparison
Jan 31, 2024