Telephone and Data Systems Inc (TDS)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -246,000 | 289,000 | 421,000 | 413,000 | 350,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,202,000 | 5,849,000 | 5,927,000 | 4,804,000 | 4,653,000 |
| Return on total capital | -4.73% | 4.94% | 7.10% | 8.60% | 7.52% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-246,000K ÷ ($—K + $5,202,000K)
= -4.73%
Telephone And Data Systems, Inc.'s return on total capital has seen a fluctuating trend over the past five years. In 2023, the return on total capital was 3.41%, showing a slight increase from the previous year's 3.23%. However, compared to 2021 and 2020, the return on total capital has decreased significantly from 5.27% and 5.61% respectively.
The return on total capital in 2019 was 5.13%, which is relatively close to the 2023 figure but slightly lower. Overall, the trend indicates some fluctuation in the company's ability to generate returns on its total capital over the past five years. Further analysis would be needed to understand the factors contributing to these fluctuations and to assess the company's overall financial performance.
Peer comparison
Dec 31, 2023