Scholastic Corporation (SCHL)
Return on total capital
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 14,500 | 59,300 | 66,500 | 65,300 | 106,300 | 79,800 | 88,000 | 71,300 | 97,400 | 41,600 | 36,900 | 2,300 | -22,700 | -78,600 | -114,400 | -58,100 | -88,500 | -10,300 | 28,300 | 21,400 |
| Long-term debt | US$ in thousands | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,300 | 0 | 175,000 | 200,000 | 210,600 | 6,400 | 2,600 | 0 |
| Total stockholders’ equity | US$ in thousands | 1,018,100 | 997,600 | 1,079,100 | 1,054,600 | 1,162,900 | 1,148,400 | 1,216,500 | 1,164,800 | 1,217,000 | 1,183,800 | 1,208,800 | 1,148,300 | 1,180,800 | 1,175,400 | 1,186,400 | 1,146,000 | 1,179,200 | 1,197,900 | 1,260,000 | 1,195,400 |
| Return on total capital | 1.42% | 5.94% | 6.16% | 6.19% | 9.14% | 6.95% | 7.23% | 6.12% | 8.00% | 3.51% | 3.05% | 0.20% | -1.91% | -6.69% | -8.40% | -4.32% | -6.37% | -0.86% | 2.24% | 1.79% |
May 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $14,500K ÷ ($0K + $1,018,100K)
= 1.42%
Scholastic Corporation's return on total capital has fluctuated over the past 20 reporting periods. The ratio measures how efficiently the company generates profits from the capital invested in its operations.
There is a noticeable variation in the return on total capital, ranging from as low as -8.40% to as high as 9.14%. The company's performance seems to have improved in recent periods, with returns above 5% recorded in the most recent four reporting periods.
It is important for investors and stakeholders to monitor this ratio closely as it provides insights into the company's efficiency in utilizing its capital to generate profits. The positive trend in return on total capital could indicate improved financial health and operational efficiency for Scholastic Corporation.
Peer comparison
May 31, 2024