Quidel Corporation (QDEL)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 139,100 | 843,700 |
| Long-term debt | US$ in thousands | 400 | 1,200 |
| Total stockholders’ equity | US$ in thousands | 5,005,900 | 4,934,600 |
| Return on total capital | 2.78% | 17.09% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $139,100K ÷ ($400K + $5,005,900K)
= 2.78%
Peer comparison
Dec 31, 2023
Company name
Symbol
Return on total capital
Quidel Corporation
QDEL
2.78%
IDEXX Laboratories Inc
IDXX
52.33%
Lantheus Holdings Inc
LNTH
52.82%
Myriad Genetics Inc
MYGN
-31.56%
Neogen Corporation
NEOG
0.13%