Calix Inc (CALX)
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 | -43,034 | -37,132 | -10,307 | 12,860 | 24,828 | 50,069 | 54,145 | 52,035 | 51,952 | 53,413 | 51,399 | 62,227 | 73,176 | 84,096 | 87,855 | 63,879 | 36,752 | 13,472 | -8,655 | -10,016 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 780,940 | 778,688 | 754,224 | 742,693 | 718,982 | 750,945 | 741,770 | 717,839 | 679,567 | 647,747 | 617,129 | 591,805 | 568,428 | 535,626 | 345,638 | 314,715 | 280,325 | 247,531 | 159,168 | 150,915 |
| Return on total capital | -5.51% | -4.77% | -1.37% | 1.73% | 3.45% | 6.67% | 7.30% | 7.25% | 7.64% | 8.25% | 8.33% | 10.51% | 12.87% | 15.70% | 25.42% | 20.30% | 13.11% | 5.44% | -5.44% | -6.64% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-43,034K ÷ ($—K + $780,940K)
= -5.51%
The return on total capital for Calix Inc has shown fluctuations over the periods provided. From March 31, 2020, to December 31, 2021, the return on total capital improved significantly from negative figures to double-digit percentages. Peak values were recorded in June 30, 2021 (25.42%) and September 30, 2021 (15.70%). However, since then, the return on total capital has experienced a downward trend, with values gradually declining. By December 31, 2024, the return on total capital fell to negative figures (-5.51%), indicating a challenging period for Calix Inc in generating profits in relation to its total capital employed. The company should focus on improving operational efficiency and profitability to enhance its return on total capital in the upcoming periods.
Peer comparison
Dec 31, 2024