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.