PDF Solutions Inc (PDFS)

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	-3,602	26,737	28,200	25,280	22,062	11,541	8,653	5,131	1,017	-4,666	-6,214	-5,502	-12,078	-11,103	-7,674	-4,616	7,650	-9,565	-11,005	-12,260
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	228,946	221,564	224,170	213,425	210,012	203,203	197,875	213,567	219,585	223,455	223,124	225,253	234,506	264,777	197,705	198,469	196,157	194,987	194,892	197,347
Return on total capital		-1.57%	12.07%	12.58%	11.84%	10.51%	5.68%	4.37%	2.40%	0.46%	-2.09%	-2.78%	-2.44%	-5.15%	-4.19%	-3.88%	-2.33%	3.90%	-4.91%	-5.65%	-6.21%

December 31, 2023 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-3,602K ÷ ($—K + $228,946K)
= -1.57%

PDF Solutions Inc. has shown varying levels of return on total capital over the past eight quarters. The return on total capital has ranged from a low of -5.62% in Q1 2022 to a high of 1.66% in Q2 2023.

In the most recent quarter, Q4 2023, the company reported a return on total capital of -0.07%, indicating that for every dollar of total capital employed, the company generated a negative return. This suggests that the company may be struggling to generate profits relative to the amount of capital invested.

Overall, the trend in return on total capital for PDF Solutions Inc. has been somewhat volatile, with fluctuations in performance over the periods analyzed. It is important for investors and stakeholders to monitor the company's ability to effectively utilize its capital resources to generate returns in the future.