Proficient Auto Logistics(Pal) Financials: Return On Capital Employed Compared To Industry Average, Plus Other Key Ratios

Report Profitability Growth Liquidity Solvency Valuation

operating roa return on assets return on capital employed return on equity

Profitability Trend (Last 5 Years)

Profitability - return on capital employed

This chart shows the historical trend of return on capital employed for PAL compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Return on Capital Employed (ROCE)

Definition: ROCE looks at how effectively the company uses all long-term capital — both debt and equity — to generate profits. It’s a good way to compare companies with different financing structures. Higher ROCE means the company makes good returns on every dollar invested in its business operations.

Interpretation:
• In '2023', PAL's return on capital employed was 37.4%, indicating returns achieved on invested capital. Industry average for Transportation Services in '2023' stood at 29.9%.
Overall, PAL's return on capital employed has remained generally stable over the past 1 years.

Formula: ROCE = EBIT / (Total Assets - Current Liabilities)

Good Range: Often 8%-20%.