Astrana Health Inc (ASTH)
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 | 113,915 | 105,940 | 94,536 | 83,142 | 187,926 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 712,720 | 614,218 | 542,561 | 448,167 | 330,824 |
| Return on total capital | 15.98% | 17.25% | 17.42% | 18.55% | 56.81% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $113,915K ÷ ($—K + $712,720K)
= 15.98%
Astrana Health Inc's return on total capital has shown a significant decline over the years, dropping from 56.81% as of December 31, 2020, to 15.98% by December 31, 2024. This indicates a decreasing efficiency in generating returns from the total capital employed in the business. The decline in return on total capital may be attributed to various factors, such as increasing costs, declining profitability, or inefficient asset utilization. It is essential for Astrana Health Inc to identify the root causes of this decline and implement strategic measures to improve capital productivity and enhance overall financial performance in the future.
Peer comparison
Dec 31, 2024