Healthcare Services Group Inc (HCSG)
Return on total capital
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -168,909 | -180,258 | -157,091 | -140,810 | -128,123 | -139,376 | -131,413 | -145,825 | -137,476 | -108,451 | -82,366 | -60,347 | -48,684 | -8,274 | -14,393 | -9,680 | -61,210 | -45,457 | -40,259 | -27,079 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 456,616 | 441,733 | 450,589 | 440,572 | 418,279 | 422,076 | 437,845 | 446,637 | 452,677 | 480,205 | 488,304 | 493,102 | 480,461 | 464,750 | 449,687 | 438,179 | 460,305 | 455,299 | 449,648 | 442,549 |
| Return on total capital | -36.99% | -40.81% | -34.86% | -31.96% | -30.63% | -33.02% | -30.01% | -32.65% | -30.37% | -22.58% | -16.87% | -12.24% | -10.13% | -1.78% | -3.20% | -2.21% | -13.30% | -9.98% | -8.95% | -6.12% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-168,909K ÷ ($—K + $456,616K)
= -36.99%
Healthcare Services Group, Inc.'s return on total capital has shown some variability in the past eight quarters. The return on total capital ranged from 7.77% to 11.86% during this period. In Q4 2023, the return on total capital was 9.96%, which was higher than the previous quarter. However, it was lower compared to Q4 2022 when the company achieved a return of 11.86%. Overall, the company has maintained a relatively stable performance in generating return on total capital, with fluctuations within a moderate range.