Artivion Inc (AORT)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 26,763 | 3,797 | -2,710 | 1,064 | -7,621 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 276,200 | 281,780 | 284,329 | 300,728 | 328,713 |
| Return on total capital | 9.69% | 1.35% | -0.95% | 0.35% | -2.32% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $26,763K ÷ ($—K + $276,200K)
= 9.69%
To analyze Artivion Inc's return on total capital over the years, we can observe the following trends:
- In December 31, 2020, the return on total capital was -2.32%, indicating that the company had a negative return on the capital employed in that year.
- By December 31, 2021, the return on total capital improved slightly to 0.35%, moving into positive territory but still at a relatively low level.
- In December 31, 2022, the return on total capital decreased to -0.95%, which suggests a decline in the company's ability to generate returns on the capital invested.
- The situation improved significantly by December 31, 2023, with a return on total capital of 1.35%, indicating a better performance in utilizing the capital for generating returns.
- The most notable improvement was seen by December 31, 2024, with a return on total capital of 9.69%, indicating a substantial increase in the company's ability to generate returns on the total capital employed.
Overall, the return on total capital has shown fluctuations over the years, with the company experiencing periods of negative returns followed by significant improvements. It is important for Artivion Inc to consistently monitor and enhance its capital utilization efficiency to sustain and build upon its positive return on total capital.
Peer comparison
Dec 31, 2024