Sprinklr Inc (CXM)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 612,063 | 497,024 | 468,967 | 610,931 | 679,704 | 658,204 | 617,286 | 578,852 | 549,332 | 517,428 | 508,015 | 506,358 | 515,849 | 518,414 | 533,984 | 184,299 | 182,733 | 182,733 |
ROE | 19.87% | 8.87% | 10.79% | 9.69% | 7.56% | 4.50% | 1.10% | -4.78% | -10.15% | -17.78% | -22.71% | -24.62% | -22.12% | -17.59% | -15.16% | -24.24% | -22.54% | -21.00% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $121,609K ÷ $612,063K
= 19.87%
Sprinklr Inc's return on equity (ROE) has shown a significant improvement over the past few years based on the provided data. The ROE was negative in the initial periods, ranging from -21.00% to -24.62%, indicating that the company was not effectively utilizing shareholder equity to generate profits.
However, starting from January 31, 2023, the ROE turned positive at 1.10% and continued to increase steadily. By January 31, 2025, the ROE reached 19.87%, reflecting a strong performance in generating profits relative to the shareholders' equity.
This turnaround in ROE suggests that Sprinklr Inc has been able to enhance its profitability and efficiency in managing its assets and liabilities to generate higher returns for its shareholders. It indicates improved financial health and a positive outlook for the company's future performance.
Peer comparison
Jan 31, 2025