CNX Resources Corp (CNX)
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 | -224,887 | 2,366,200 | -84,258 | -485,357 | -487,056 |
| Long-term debt | US$ in thousands | 1,838,230 | 1,888,710 | 2,205,740 | 2,214,120 | 2,401,430 |
| Total stockholders’ equity | US$ in thousands | 4,098,030 | 4,361,020 | 2,950,460 | 3,700,270 | 4,422,440 |
| Return on total capital | -3.79% | 37.86% | -1.63% | -8.21% | -7.14% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-224,887K ÷ ($1,838,230K + $4,098,030K)
= -3.79%
CNX Resources Corp's return on total capital has shown varying trends over the period from December 31, 2020, to December 31, 2024.
- In 2020 and 2021, the company experienced negative returns on total capital, with values of -7.14% and -8.21% respectively. This indicates that the company was not effectively generating returns from its invested capital during these years.
- The trend improved significantly in 2023, with a notable increase in the return on total capital to 37.86%. This suggests that CNX Resources Corp managed to generate substantial returns on its total capital investment, potentially indicating improved operational efficiency or profitability.
- However, in 2022 and 2024, the return on total capital decreased to -1.63% and -3.79% respectively, indicating a decline in the company's ability to generate returns from its invested capital.
Overall, the fluctuating nature of CNX Resources Corp's return on total capital over the period highlights the importance of monitoring and analyzing this metric to assess the company's financial performance and efficiency in utilizing its capital resources effectively.
Peer comparison
Dec 31, 2024