Capri Holdings Ltd (CPRI)
Return on total capital
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -241,000 | 679,000 | 903,000 | 19,000 | -192,000 |
| Long-term debt | US$ in thousands | 1,261,000 | 1,822,000 | 1,131,000 | 1,219,000 | 2,012,000 |
| Total stockholders’ equity | US$ in thousands | 1,599,000 | 1,848,000 | 2,559,000 | 2,158,000 | 2,167,000 |
| Return on total capital | -8.43% | 18.50% | 24.47% | 0.56% | -4.59% |
March 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-241,000K ÷ ($1,261,000K + $1,599,000K)
= -8.43%
Capri Holdings Ltd's return on total capital has fluctuated over the past five years, ranging from -8.43% to 24.47%. The company experienced a significant improvement in its return on total capital from 2021 to 2022, more than quadrupling from 0.56% to 24.47%. However, in the most recent fiscal year, the return on total capital dropped to -8.43%, indicating a negative performance. It is important for stakeholders to closely monitor the company's return on total capital as it is a key indicator of how effectively Capri Holdings Ltd is utilizing its capital to generate profits.
Peer comparison
Mar 31, 2024