Celsius Holdings Inc (CELH)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 266,366 | 174,677 | -70,619 | -123,466 | -158,347 | -122,739 | 14,660 | 3,472 | -5,973 | -7,652 | 7,061 | 7,531 | 7,912 | 5,407 | 2,398 | 21 | -1,449 | -534 | -6,127 | -8,305 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4,598 | 4,528 |
| 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 |
| Return on total capital | 100.88% | 81.87% | -53.88% | -152.36% | -394.97% | -206.46% | 6.11% | 1.52% | -2.75% | -3.88% | 3.78% | 6.91% | 7.58% | 5.45% | 3.49% | 0.03% | -2.28% | -0.84% | -20.87% | -27.87% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $266,366K ÷ ($—K + $264,040K)
= 100.88%
Celsius Holdings Inc's return on total capital fluctuated significantly throughout the quarterly periods provided in the table. In Q4 2023, the company achieved a robust return on total capital of 100.78%, indicating efficient utilization of both equity and debt to generate profits. However, this strong performance contrasts sharply with the negative returns recorded in Q2 2023 (-7.39%) and Q1 2023 (-13.58%), suggesting potential inefficiencies in capital deployment during those periods. Notably, the company's returns in Q4 2022 and Q3 2022 were also negative, indicating ongoing challenges in capital management during those quarters.
Overall, the trend in return on total capital for Celsius Holdings Inc shows a mix of strong performance and periods of underperformance, highlighting the importance of closely monitoring capital allocation strategies to optimize profitability and value creation for shareholders.
Peer comparison
Dec 31, 2023