First Time Loading...

Sumo Logic Inc
NASDAQ:SUMO

Watchlist Manager
Sumo Logic Inc Logo
Sumo Logic Inc
NASDAQ:SUMO
Watchlist
Price: 12.04 USD Market Closed
Updated: Apr 23, 2024

ROA
Return on Assets

-21.1%
Current
-30%
Average
0.2%
Industry
Negative for the last year
-21.1%
Negative average
-30%
Better than average
Worse than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-21.1%
=
Net Income
-124.8m
/
Total Assets
579.1m

ROA Across Competitors

ROA Comparison
Sumo Logic Inc Competitors

Country US
Market Cap 1.5B USD
ROA
-21%
Country US
Market Cap 789.1B USD
ROA
-73%
Country US
Market Cap 670.7B USD
ROA
31%
Country US
Market Cap 265.9B USD
ROA
4%
Country US
Market Cap 211.5B USD
ROA
17%
Country DE
Market Cap 202.4B EUR
ROA
9%
Country US
Market Cap 170.8B USD
ROA
10%
Country US
Market Cap 78.6B USD
ROA
14%
Country US
Market Cap 77.4B USD
ROA
19%
Country US
Market Cap 66.9B USD
ROA
9%
Country CA
Market Cap 78B CAD
ROA
6%

Profitability Report

View the profitability report to see the full profitability analysis for Sumo Logic Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-21.1%
=
Net Income
-124.8m
/
Total Assets
579.1m
What is the ROA of Sumo Logic Inc?

Based on Sumo Logic Inc's most recent financial statements, the company has ROA of -21.1%.