Privia Health Group Inc (PRVA)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 20,649 | 21,478 | 11,368 | -861 | -18,577 | -40,248 | -46,689 | -233,677 | -214,977 | |||
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | 31,507 | 31,688 | 31,664 | 31,893 | 32,293 |
| Total stockholders’ equity | US$ in thousands | 561,437 | 544,681 | 525,232 | 513,276 | 499,094 | 470,186 | 445,155 | 435,042 | 426,872 | 410,600 | 393,300 | 152,247 |
| Return on total capital | 3.68% | 3.94% | 2.16% | -0.17% | -3.72% | -8.56% | -10.49% | -50.09% | -46.88% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $20,649K ÷ ($—K + $561,437K)
= 3.68%
Privia Health Group Inc's return on total capital has shown a mixed performance over the past quarters. The company's return on total capital was positive in the most recent quarters, with values of 3.68% in Q4 2023 and 3.94% in Q3 2023. However, there was a decline in Q2 2023 with a return of 2.16%.
The company experienced negative returns in the earlier quarters, including a significant decline in Q1 2022 at -50.68%, indicating poor performance during that period. Overall, the return on total capital has been volatile, with fluctuations between positive and negative values, suggesting that Privia Health Group Inc's capital efficiency and profitability have varied over the quarters.
Further analysis of the factors driving these fluctuations and trends in return on total capital would provide insights into the company's financial performance and management of capital resources.
Peer comparison
Dec 31, 2023