National HealthCare Corporation (NHC)
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 | 140,384 | 169,090 | 123,594 | 110,036 | 90,572 | 61,714 | 43,909 | 25,843 | 30,262 | 42,978 | 39,170 | 142,318 | 150,386 | 166,798 | 187,563 | 118,512 | 53,703 | 35,287 | 45,154 | 25,733 |
| Long-term debt | US$ in thousands | 129,500 | 129,500 | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 |
| Total stockholders’ equity | US$ in thousands | 980,161 | 983,468 | 945,817 | 924,748 | 908,752 | 885,171 | 883,922 | 877,102 | 874,276 | 877,311 | 897,915 | 905,319 | 903,004 | 895,677 | 906,841 | 807,064 | 795,177 | 773,960 | 768,052 | 742,562 |
| Return on total capital | 12.65% | 15.19% | 13.07% | 11.90% | 9.97% | 6.97% | 4.97% | 2.95% | 3.46% | 4.90% | 4.36% | 15.72% | 16.65% | 18.62% | 20.68% | 14.68% | 6.75% | 4.56% | 5.88% | 3.47% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $140,384K ÷ ($129,500K + $980,161K)
= 12.65%
National HealthCare Corporation's return on total capital has fluctuated over the periods provided.
From March 31, 2020, to March 31, 2021, there was a significant increase in return on total capital, with the percentage rising from 3.47% to 14.68%. This upward trend continued until June 30, 2021, when the return on total capital peaked at 20.68%.
However, starting from September 30, 2021, there was a gradual decline in the return on total capital, reaching 3.46% by December 31, 2022. There was a slight uptick by March 31, 2023, but the percentage remained relatively low compared to the earlier periods.
From March 31, 2023, to December 31, 2024, there was a steady increase in the return on total capital, gradually climbing from 2.95% to 12.65%. Overall, the return on total capital for National HealthCare Corporation has shown variability over the periods provided, with both peaks and troughs in performance.
Peer comparison
Dec 31, 2024