Green Plains Renewable Energy Inc (GPRE)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -45,867 | 10,687 | -21,304 | -47,475 | -61,335 | -104,241 | -194,152 | -93,177 | -89,841 | -60,468 | -44,745 | -77,837 | 3,018 | -40,187 | -7,077 | -41,122 | -119,204 | -89,672 | -113,642 | -153,013 |
| Long-term debt | US$ in thousands | 432,460 | 431,189 | 483,773 | 490,295 | 491,918 | 491,945 | 493,571 | 495,114 | 495,243 | 495,269 | 495,027 | 557,937 | 514,006 | 514,434 | 538,619 | 537,880 | 287,299 | 345,056 | 341,219 | 247,210 |
| Total stockholders’ equity | US$ in thousands | 865,215 | 925,512 | 867,368 | 887,454 | 843,733 | 828,149 | 777,948 | 822,988 | 910,031 | 962,042 | 931,173 | 890,525 | 950,500 | 971,429 | 864,071 | 787,568 | 646,852 | 685,626 | 741,779 | 766,020 |
| Return on total capital | -3.53% | 0.79% | -1.58% | -3.45% | -4.59% | -7.90% | -15.27% | -7.07% | -6.39% | -4.15% | -3.14% | -5.37% | 0.21% | -2.70% | -0.50% | -3.10% | -12.76% | -8.70% | -10.49% | -15.10% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-45,867K ÷ ($432,460K + $865,215K)
= -3.53%
The return on total capital for Green Plains Renewable Energy Inc has shown fluctuating trends over the given time period. The ratio was negative for most of the quarters, indicating that the company's total capital was not generating sufficient returns to cover its costs.
There was a notable improvement in the return on total capital from December 31, 2021, to September 30, 2024, where the ratio turned positive for two quarters. This suggests that the company managed to generate returns that exceeded its total capital investment during these periods.
However, the positive trend did not sustain, as the return on total capital turned negative again in the following quarters, reflecting challenges in capital efficiency or profitability.
Overall, the company's return on total capital has been volatile, indicating a fluctuating performance in utilizing its total capital to generate returns for shareholders. Further analysis of the company's financial health and operational efficiency is recommended to understand the underlying factors contributing to these fluctuations.
Peer comparison
Dec 31, 2024