Shoe Carnival Inc (SCVL)
Return on assets (ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 73,348 | 79,438 | 90,229 | 99,697 | 110,068 | 109,049 | 123,233 | 138,536 | 154,881 | 141,733 | 109,575 | 75,423 | 15,991 | 12,031 | 11,079 | 12,851 | 42,914 | 40,790 | 39,110 | 39,053 |
| Total assets | US$ in thousands | 1,042,020 | 1,023,470 | 1,043,200 | 976,629 | 989,781 | 966,336 | 914,515 | 861,734 | 812,264 | 786,509 | 784,056 | 750,089 | 642,747 | 623,343 | 689,518 | 629,550 | 628,374 | 647,712 | 693,373 | 628,618 |
| ROA | 7.04% | 7.76% | 8.65% | 10.21% | 11.12% | 11.28% | 13.48% | 16.08% | 19.07% | 18.02% | 13.98% | 10.06% | 2.49% | 1.93% | 1.61% | 2.04% | 6.83% | 6.30% | 5.64% | 6.21% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $73,348K ÷ $1,042,020K
= 7.04%
Shoe Carnival Inc's return on assets (ROA) has shown fluctuations over the past few years. In the most recent period, as of February 3, 2024, the ROA stands at 7.04%. This indicates that for every dollar of assets the company holds, it generates a profit of 7.04 cents.
Looking back, there was a declining trend in ROA from the peak of 19.07% in January 2022 to the low of 1.61% in May 2020. However, there was a significant recovery in ROA from the low point, with a notable increase in profitability.
The highest ROA observed during this period was 19.07% in January 2022, signaling the company's ability to efficiently generate profits from its assets. On the other hand, the lowest ROA was 1.61% in May 2020, indicating a period of decreased profitability relative to the assets employed.
This analysis suggests that Shoe Carnival Inc has experienced fluctuations in ROA over the past few years, with periods of both high and low profitability. It is important for stakeholders to monitor ROA to assess the company's efficiency in generating profits from its assets.
Peer comparison
Feb 3, 2024