Shoe Carnival Inc (SCVL)
Return on total capital
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 96,422 | 147,416 | 207,678 | 21,962 | 54,939 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 583,389 | 525,568 | 452,533 | 310,176 | 297,363 |
| Return on total capital | 16.53% | 28.05% | 45.89% | 7.08% | 18.48% |
February 3, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $96,422K ÷ ($—K + $583,389K)
= 16.53%
Shoe Carnival Inc's return on total capital has fluctuated over the past five years. In 2024, the return on total capital was 16.53%, significantly lower compared to the previous year's 28.05%. However, when compared to 2022 and 2020, the return on total capital in 2024 still shows a moderate performance.
The highest return on total capital was observed in 2022 at 45.89%, indicating a strong performance in effectively utilizing its total capital to generate profits. On the other hand, in 2021, the return on total capital was relatively lower at 7.08%, suggesting a less efficient capital utilization.
Overall, the trend in Shoe Carnival Inc's return on total capital indicates variability in the company's ability to generate profits relative to the total capital employed in the business over the past five years.
Peer comparison
Feb 3, 2024