The Hain Celestial Group Inc (HAIN)

Return on total capital

		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	Dec 31, 2019	Sep 30, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	-18,948	-18,866	-131,891	-103,721	-85,620	-85,765	90,325	94,957	104,681	134,298	148,711	129,647	107,380	91,075	60,633	56,867	56,042	28,140	27,997	-2,074
Long-term debt	US$ in thousands	—	—	—	—	821,181	—	—	—	880,938	—	—	345,414	230,492	255,540	293,332	289,042	281,118	363,526	324,864	323,386
Total stockholders’ equity	US$ in thousands	942,913	944,487	995,821	980,994	1,017,910	1,006,480	1,108,640	1,041,400	1,083,170	1,144,040	1,263,860	1,348,760	1,522,880	1,501,680	1,454,650	1,436,580	1,443,550	1,439,050	1,521,080	1,470,940
Return on total capital		-2.01%	-2.00%	-13.24%	-10.57%	-4.66%	-8.52%	8.15%	9.12%	5.33%	11.74%	11.77%	7.65%	6.12%	5.18%	3.47%	3.30%	3.25%	1.56%	1.52%	-0.12%

June 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-18,948K ÷ ($—K + $942,913K)
= -2.01%

The return on total capital for The Hain Celestial Group Inc has shown fluctuation over the past several quarters, ranging from -13.24% to 11.77%. In the most recent period, the return on total capital was -2.01%, which indicates a negative profitability in relation to the total capital employed. This reflects a decrease compared to the previous quarter where the return was also negative at -2.00%.

Looking at the trend over the past few quarters, there was a significant improvement in the return on total capital from the low of -13.24% in December 2023 to the subsequent positive returns recorded in the following quarters. However, the return has turned negative again in the last two quarters, signaling potential challenges in generating profits relative to the total capital invested in the business.

It is important for The Hain Celestial Group Inc to closely monitor and address the factors influencing its return on total capital to ensure sustainable and profitable operations in the future. Further analysis of the company's financial performance and operational efficiency may provide insights into improving the return on total capital in upcoming periods.