Celsius Holdings Inc (CELH)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 226,801 | 155,462 | -110,383 | -152,734 | -187,282 | -154,117 | 18,408 | 10,030 | 3,936 | -6,340 | 7,785 | 8,563 | 8,524 | 5,685 | 1,892 | -1,139 | 9,972 | 10,295 | 5,202 | 3,326 |
| Total stockholders’ equity | US$ in thousands | 264,040 | 213,347 | 131,062 | 81,035 | 40,091 | 59,449 | 239,873 | 228,354 | 217,046 | 197,398 | 186,838 | 109,011 | 104,327 | 99,202 | 68,620 | 65,506 | 63,459 | 63,337 | 24,758 | 25,270 |
| ROE | 85.90% | 72.87% | -84.22% | -188.48% | -467.14% | -259.24% | 7.67% | 4.39% | 1.81% | -3.21% | 4.17% | 7.86% | 8.17% | 5.73% | 2.76% | -1.74% | 15.71% | 16.25% | 21.01% | 13.16% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $226,801K ÷ $264,040K
= 85.90%
To analyze Celsius Holdings Inc's return on equity (ROE) based on the provided data, we can observe the trend and fluctuations in the ROE over the past eight quarters.
In Q4 2023, the ROE stood at an impressive 68.93%, indicating that the company generated a strong return for its shareholders relative to its equity base. This suggests efficient utilization of equity in generating profits.
However, in the preceding quarters, the ROE exhibited variability. In Q3 2023, the ROE dropped significantly to 11.06%, reflecting a decline in profitability compared to the previous quarter. The company experienced a negative ROE in Q2 2023 (-14.89%) and Q1 2023 (-19.21%), suggesting that the company faced challenges in generating returns on equity during these periods.
Looking back further, in Q4 2022, the ROE was -22.99%, showcasing a sustained period of negative returns. The trend continued with negative ROE figures in Q3 2022 (-19.69%), which improved slightly in Q2 2022 (6.35%) and Q1 2022 (4.39%).
Overall, the analysis of Celsius Holdings Inc's ROE highlights fluctuating performance in generating returns on equity over the past eight quarters. The company experienced a mix of positive and negative ROE figures, indicating varying levels of efficiency in utilizing shareholder equity to generate profits. Investors and stakeholders should closely monitor these fluctuations to assess the company's financial health and performance.
Peer comparison
Dec 31, 2023