Interface Inc (TILE)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 94,459 | 69,037 | 97,453 | -57,463 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 489,148 | 425,947 | 361,537 | 363,398 | 326,538 |
| Return on total capital | 0.00% | 22.18% | 19.10% | 26.82% | -17.60% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $489,148K)
= 0.00%
Interface Inc's return on total capital has shown significant fluctuations over the years.
In 2020, the return was negative at -17.60%, indicating that the company generated a return lower than the total capital employed. However, a positive turnaround was observed in 2021, with a return of 26.82%, reflecting an improvement in the company's profitability and efficiency in utilizing its total capital.
The return decreased slightly in 2022 to 19.10%, which may indicate some challenges faced by Interface Inc in maintaining the same level of return as in the previous year. However, there was a recovery in 2023, with the return increasing to 22.18%, suggesting that the company's performance improved.
Interestingly, in 2024, the return on total capital dropped to 0.00%, indicating that Interface Inc did not generate any return relative to the total capital invested during that period.
Overall, Interface Inc's return on total capital has shown variability, with both positive and negative trends in different years. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024