Leslies Inc (LESL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 92,694 | 102,179 | 146,719 | 203,193 | 224,230 | 238,357 | 221,929 | 215,221 | 217,735 | 197,538 | |||
| Long-term debt | US$ in thousands | 771,718 | 773,276 | 774,884 | 776,542 | 778,133 | 779,726 | 781,322 | 782,921 | 784,527 | 786,125 | 787,731 | 789,339 | 795,394 |
| Total stockholders’ equity | US$ in thousands | -198,648 | -161,362 | -179,810 | -254,965 | -225,635 | -197,951 | -258,769 | -385,731 | -381,304 | -217,558 | -265,726 | -391,010 | -386,410 |
| Return on total capital | 16.17% | 16.70% | 24.66% | 38.96% | 40.58% | 40.97% | 42.47% | 54.19% | 54.00% | 34.74% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $92,694K ÷ ($771,718K + $-198,648K)
= 16.17%
Leslies Inc's return on total capital has fluctuated over the past few quarters, ranging from a low of 16.17% in December 2023 to a high of 54.19% in March 2022. The return on total capital signifies the company's ability to generate profits from the capital invested in the business. The decreasing trend from 2022 to 2023 may indicate that the company's profitability has slightly declined or that the capital base has increased significantly, impacting the return metric. Sustainability and consistency of returns are crucial for long-term success and shareholder value creation. Further analysis is necessary to understand the factors influencing these fluctuations and to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2023