Sprinklr Inc (CXM)
Return on equity (ROE)
Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
---|---|---|---|---|
Net income | US$ in thousands | 51,403 | -55,742 | -111,470 |
Total stockholders’ equity | US$ in thousands | 679,704 | 549,332 | 515,849 |
ROE | 7.56% | -10.15% | -21.61% |
January 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $51,403K ÷ $679,704K
= 7.56%
Sprinklr Inc's return on equity (ROE) has exhibited variability over the past three years. In January 2024, the ROE stood at 7.56%, indicating a moderate return on equity for that fiscal year. This is an improvement from the negative ROE values observed in the previous two years.
In January 2023, the ROE was at -10.15%, reflecting a negative return on equity, which suggests that the company had incurred losses relative to its shareholders' equity during that period. This negative ROE can raise concerns among investors and stakeholders regarding the company's financial performance and its ability to generate profits.
Furthermore, in January 2022, the ROE was at -21.61%, demonstrating a significant decline from the previous year. This indicates a substantial decrease in the company's ability to generate profits relative to its shareholders' equity, reflecting potential financial challenges or inefficiencies in the business operations.
Overall, the fluctuating ROE values for Sprinklr Inc over the past three years indicate varying levels of profitability and efficiency in utilizing shareholders' equity. Investors and stakeholders may need to closely monitor the company's financial performance and operational effectiveness to ensure sustainable growth and value creation in the future.
Peer comparison
Jan 31, 2024