RadNet Inc (RDNT)

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 104,621 104,430 113,770 103,365 98,697 95,965 59,638 54,755 46,365 29,415 55,061 63,181 82,553 98,805 89,610 62,111 35,682 38,552 32,027 53,832
Long-term debt US$ in thousands 991,574 996,272 1,002,390 814,442 812,068 844,302 848,333 852,354 839,344 735,500 737,916 740,707 743,498 746,288 749,079 602,684 612,913 627,226 634,960 723,049
Total stockholders’ equity US$ in thousands 902,308 895,313 880,966 872,955 630,695 618,901 593,159 327,922 332,995 313,006 312,183 298,847 228,904 224,837 197,064 184,358 165,743 157,205 147,808 123,375
Return on total capital 5.52% 5.52% 6.04% 6.13% 6.84% 6.56% 4.14% 4.64% 3.95% 2.81% 5.24% 6.08% 8.49% 10.17% 9.47% 7.89% 4.58% 4.91% 4.09% 6.36%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $104,621K ÷ ($991,574K + $902,308K)
= 5.52%

RadNet Inc's return on total capital has shown fluctuations over the past few years. The ratio ranged from a low of 2.81% in September 30, 2022, to a high of 10.17% in September 30, 2021. Generally, the return on total capital has been relatively stable, hovering around the mid-single digits, with occasional peaks and troughs. As of December 31, 2024, the return on total capital stands at 5.52%. It is important for RadNet Inc to continue monitoring and managing its capital efficiency to ensure sustainable returns for its stakeholders.