What Does Alaska Air Group, Inc.’s (NYSE:ALK) 11% ROCE Say About The Business? [Yahoo! Finance News]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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investor.alaskaair.com/investors
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Source: Yahoo! Finance News
Today we'll evaluate Alaska Air Group, Inc. NYSE:ALKFirstly, we'll go over how we calculate ROCE. Next, we'll compare it to others in its industry. And finally, we'll look at how its current liabilities are impacting its ROCE.Return On Capital Employed ROCE): What is it?ROCE measures the 'return' pre-tax profit) a company generates from capital employed in its business. Generally speaking a higher ROCE is better. Overall, it is a valuable metric that has its flaws. Renowned investment researcher Michael Mauboussinhas suggestedSo, How Do We Calculate ROCE?The formula for calculating the return on capital employed is:Return on Capital Employed = Earnings Before Interest and Tax EBIT) ÷ Total Assets - Current Liabilities)Or for Alaska Air Group:0.11 = US$1.1b ÷ US$13b - US$3.2b) Based on the trailing twelve months to December 2019.)Therefore,Alaska Air Group has an ROCE of 11%.View our latest analysis for Alaska Air GroupIs Alaska Air Group's ROCE Good?ROCE is commonly used for comparing
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News
- Alaska Air Group (ALK) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Why Investors Need to Take Advantage of These 2 Transportation Stocks Now [Yahoo! Finance]Yahoo! Finance
- 25 top stocks to buy for up to 97% upside heading into 2025: UBS [Business Insider]Business Insider
- Buy, Sell, Or Hold Alaska Air Stock? [Forbes]Forbes
- Alaska Airlines selected to connect San Diego and Ronald Reagan Washington National Airport with nonstop servicePR Newswire
ALK
Earnings
- 10/31/24 - In-Line
ALK
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- ALK's page on the SEC website