R1 RCM Inc (RCM)
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 | ||
|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 147,900 | 64,800 | 28,400 | -43,000 | |||
| Long-term debt | US$ in thousands | 1,570,500 | 1,646,000 | — | 1,707,000 | 1,732,600 | 1,728,100 | 1,749,200 |
| Total stockholders’ equity | US$ in thousands | 2,751,400 | 2,743,400 | 2,725,000 | 2,702,700 | 2,702,500 | 2,749,200 | 2,733,600 |
| Return on total capital | 3.42% | 1.48% | 1.04% | -0.98% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $147,900K ÷ ($1,570,500K + $2,751,400K)
= 3.42%
The return on total capital for R1 RCM Inc. fluctuated over the quarters provided in the table. In Q4 2023, the return on total capital was 6.02%, showing a slight increase from the previous quarter's 5.16%. However, it remained below the unusually high return of 17.83% reported in Q1 2022. The return on total capital in Q2 2023 was 4.26%, indicating a decrease compared to the prior quarter's 4.24%. Overall, the company's return on total capital has shown variability over the quarters, with the most recent quarter showing a moderate improvement. Further analysis and comparison with industry benchmarks may provide additional insights into the company's performance and capital efficiency.
Peer comparison
Dec 31, 2023