Chuy's Holdings Inc (CHUY)

Return on total capital

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before interest and tax (EBIT)	US$ in thousands	33,589	22,336	34,402	-8,544	3,436
Long-term debt	US$ in thousands	0	0	0	0	0
Total stockholders’ equity	US$ in thousands	249,847	244,561	262,794	241,858	194,936
Return on total capital		13.44%	9.13%	13.09%	-3.53%	1.76%

December 31, 2023 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $33,589K ÷ ($0K + $249,847K)
= 13.44%

Chuy's Holdings Inc has demonstrated varying levels of return on total capital over the past five years. The return on total capital has fluctuated between 7.13% and 16.97%, with the highest return recorded in 2021 at 16.97% and the lowest in 2020 at 7.13%. In the most recent year, as of Dec 31, 2023, the return on total capital stood at 15.44%, indicating a solid performance in utilizing its total capital to generate profits. Overall, Chuy's Holdings Inc has managed to deliver positive returns on its total capital over the years, albeit with some fluctuations.