CEVA Inc (CEVA)

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 -13,467 7,452 7,040 -763
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 266,556 264,341 258,871 276,732 260,889
Return on total capital 0.00% -5.09% 2.88% 2.54% -0.29%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $266,556K)
= 0.00%

CEVA Inc's return on total capital has demonstrated fluctuating performance over the past five years, as indicated by the following figures:

- As of December 31, 2020, the return on total capital was recorded at -0.29%, reflecting a negative performance.
- The performance improved in the subsequent years, with the return on total capital rising to 2.54% as of December 31, 2021, and further increasing to 2.88% by December 31, 2022.
- However, the company experienced a significant decline in performance by December 31, 2023, with a return on total capital of -5.09%, indicating a substantial decrease.
- The return on total capital remained stagnant at 0.00% as of December 31, 2024.

Overall, the inconsistent performance of CEVA Inc's return on total capital highlights varying levels of operational efficiency and profitability over the period, warranting a closer examination of the factors contributing to these fluctuations.