Alpha Metallurgical Resources Inc (AMR)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 214,561 | 414,439 | 528,205 | 679,726 | 848,563 | 856,630 | 1,002,407 | 1,434,192 | 1,576,200 | 1,642,815 | 1,490,427 | 847,861 | 386,712 | 230,915 | 81,836 | 23,850 | 14,892 | -282,231 | -262,036 | -309,766 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,649,500 | 1,650,630 | 1,643,570 | 1,591,140 | 1,573,930 | 1,558,070 | 1,566,730 | 1,548,580 | 1,429,760 | 1,371,670 | 1,319,570 | 929,847 | 546,909 | 248,097 | 162,331 | 170,161 | 200,102 | 342,968 | 409,415 | 653,835 |
| Return on total capital | 13.01% | 25.11% | 32.14% | 42.72% | 53.91% | 54.98% | 63.98% | 92.61% | 110.24% | 119.77% | 112.95% | 91.18% | 70.71% | 93.07% | 50.41% | 14.02% | 7.44% | -82.29% | -64.00% | -47.38% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $214,561K ÷ ($—K + $1,649,500K)
= 13.01%
Based on the provided data, Alpha Metallurgical Resources Inc's return on total capital experienced significant fluctuations over the observed period. The company reported negative returns on total capital in the initial quarters of March 31, 2020 (-47.38%), June 30, 2020 (-64.00%), and September 30, 2020 (-82.29%), indicating operational challenges or inefficiencies during that period.
However, the company's performance improved notably starting from December 31, 2020, where it reported positive returns of 7.44%. The trend continued to show positive growth, reaching its peak at June 30, 2022, with a return on total capital of 112.95%. This significant improvement may suggest successful business strategies, improved operational efficiency, or effective capital allocation by the company's management.
Subsequently, the return on total capital started to decrease gradually from September 30, 2022 (119.77%) to December 31, 2024 (13.01%). This decline could indicate various factors such as changes in market conditions, strategic shifts, or financial challenges faced by Alpha Metallurgical Resources Inc during this period.
In the last quarter of the observed period, the return on total capital stood at 13.01%, reflecting a decline from the peak levels observed earlier. Overall, the fluctuating trend in return on total capital suggests a dynamic financial performance by Alpha Metallurgical Resources Inc, highlighting the importance of monitoring and analyzing this metric to assess the company's financial health and efficiency in utilizing its capital resources.
Peer comparison
Dec 31, 2024