Take-Two Interactive Software Inc (TTWO)
Return on total capital
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -4,422,900 | -3,249,600 | -3,250,100 | -3,033,400 | -3,049,400 | -1,117,900 | -1,162,000 | -1,328,700 | -1,162,600 | -335,258 | 3,317 | 279,264 | 489,708 | 617,544 | 587,881 | 642,677 | 540,299 | 406,855 | 459,619 | 466,950 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,137,700 | 5,701,900 | 5,798,500 | 5,991,500 | 5,667,900 | 8,508,600 | 8,430,100 | 8,940,200 | 9,042,500 | 9,550,400 | 9,433,500 | 9,662,300 | 3,809,660 | 3,665,740 | 3,469,670 | 3,618,930 | 3,331,890 | 3,155,290 | 2,901,280 | 2,651,030 |
| Return on total capital | -206.90% | -56.99% | -56.05% | -50.63% | -53.80% | -13.14% | -13.78% | -14.86% | -12.86% | -3.51% | 0.04% | 2.89% | 12.85% | 16.85% | 16.94% | 17.76% | 16.22% | 12.89% | 15.84% | 17.61% |
March 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-4,422,900K ÷ ($—K + $2,137,700K)
= -206.90%
Take-Two Interactive Software Inc's return on total capital has shown fluctuations over the past few years. From June 30, 2020, to June 30, 2021, the return on total capital ranged from 15.84% to 17.76%, indicating relatively stable and healthy performance. However, a significant drop was observed in the subsequent periods, with the return on total capital declining to 0.04% as of September 30, 2022, and turning negative in the following quarters.
The decreasing trend continued, with return on total capital plummeting to -206.90% by March 31, 2025, reflecting a substantial deterioration in the company's capital efficiency. These negative values suggest that Take-Two Interactive Software Inc may be facing challenges in generating returns in excess of the capital invested, signaling potential operational or financial issues that require attention and strategic management.
Peer comparison
Mar 31, 2025