CSW Industrials Inc (CSWI)
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 | 159,118 | 139,066 | 97,380 | 59,220 | 65,854 |
Long-term debt | US$ in thousands | 166,000 | 253,000 | 252,214 | 241,776 | 10,337 |
Total stockholders’ equity | US$ in thousands | 635,078 | 525,675 | 469,086 | 415,449 | 280,365 |
Return on total capital | 19.86% | 17.86% | 13.50% | 9.01% | 22.65% |
March 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $159,118K ÷ ($166,000K + $635,078K)
= 19.86%
CSW Industrials Inc's return on total capital has shown a positive trend over the past five years. From March 31, 2020, to March 31, 2024, the return on total capital increased from 22.65% to 19.86%. This indicates that the company has been utilizing its total capital more efficiently to generate profit. The improvement in return on total capital signifies that CSW Industrials Inc is effectively managing its capital investments and generating higher returns for its investors. Overall, the company's ability to generate returns on its total capital has been on an upward trajectory, which highlights its operational effectiveness and financial performance.
Peer comparison
Mar 31, 2024