Investor Presentaiton
Non-GAAP measures - ROI (cont.)
The calculation of ROA and ROI, along with a reconciliation of ROI to the calculation of ROA, is as follows:
(Dollars in millions)
Numerator
Consolidated net income
Denominator
Average total assets'
Return on assets (ROA)
CALCULATION OF RETURN ON ASSETS
Jul 31,
Oct 31,
Trailing Twelve Months Ending
Jan 31,
Apr 30,
Jul 31,
2022
2022
2023
2023
2023
$ 14,015
$
9,116
$
11,292
$
11,085
$
13,991
$ 242,876
$ 246,254
$ 244,029
$ 245,598
$
5.8 %
3.7 %
4.6%
4.5 %
251,160
5.6 %
Jul 31,
Certain Balance Sheet Data
2021
Oct 31,
2021
Jan 31,
2022
April 30,
2022
Jul 31,
2022
Oct 31,
2022
Jan 31,
2023
April 30,
Jul 31,
2023
2023
Total assets
$
Accumulated depreciation and amortization
98,346
Accounts payable
49,601
Accrued liabilities
23,915
238,552 $ 244,851
100,168
57,156
24,474
$ 244,860
$ 246,142
$
247,199
$ 247,656
$
243,197 $
245,053 $
255,121
102,211
104,295
105,963
55,261
26,060
52,926
54,191
107,628
57,263
110,286
113,164
115,878
53,742
54,268
56,576
21,061
23,843
27,443
31,126
27,527
29,239
1The average is based on the addition of the account balance at the end of the current period to the account balance at the end of the prior period and dividing by 2View entire presentation