Sprinklr Inc (CXM)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	679,704	658,204	617,286	578,852	549,332	517,428	508,015	506,358	515,849	532,159	546,206
ROE		7.56%	4.50%	1.10%	-4.78%	-10.15%	-32.19%	-37.08%	-38.87%

January 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $51,403K ÷ $679,704K
= 7.56%

Sprinklr Inc's return on equity (ROE) has shown some fluctuations over the past several quarters.

- In January 2024, the ROE was 7.56%, indicating a moderate return on equity compared to previous periods.
- In October 2023, the ROE was 4.50%, showing a slight improvement from the previous quarter.
- In July 2023, the ROE was 1.10%, demonstrating continued positive momentum in the company's profitability.
- In April 2023, the ROE was -4.78%, indicating a negative ROE which may be a cause for concern.
- In January 2023, the ROE was -10.15%, showing a further decline in return on equity.
- In October 2022, the ROE was -32.19%, indicating a significant decrease in profitability.
- In July 2022, the ROE was -37.08%, reflecting continued challenges in generating profits.
- In April 2022, the ROE was -38.87%, showing a further decline in return on equity, indicating potential financial distress.

Overall, these ROE figures suggest that Sprinklr Inc has experienced fluctuations in its profitability and may face challenges in generating returns for its shareholders. Management should closely monitor these trends and take appropriate actions to improve the company's financial performance.