Warrior Met Coal Inc (HCC)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 541,406 | 801,424 | 243,753 | -27,139 | 383,392 |
| Long-term debt | US$ in thousands | 153,023 | 302,588 | 339,806 | 379,908 | 339,189 |
| Total stockholders’ equity | US$ in thousands | 1,874,450 | 1,447,520 | 871,983 | 725,241 | 765,582 |
| Return on total capital | 26.70% | 45.79% | 20.12% | -2.46% | 34.70% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $541,406K ÷ ($153,023K + $1,874,450K)
= 26.70%
Warrior Met Coal Inc's return on total capital has shown fluctuations over the past five years. In 2023, the return on total capital was 26.84%, which represents a decrease from the previous year's figure of 46.94%. Despite this decrease, the company's return on total capital in 2023 remains relatively strong compared to the negative figure of -2.37% in 2020. Overall, Warrior Met Coal Inc has demonstrated variability in its return on total capital performance, with the highest performance recorded in 2022 at 46.94% and the lowest in 2020 at -2.37%. This variability could indicate fluctuations in the company's profitability and efficiency in utilizing its total capital over the years.
Peer comparison
Dec 31, 2023