Connect with us

Hi, what are you looking for?

Uncategorized

Carrier Global’s financial metrics indicate potential challenges


© Reuters.

Carrier Global (NYSE:) appears to be facing financial difficulties as key indicators such as Return on Capital Employed (ROCE) and total capital employed are on a downward trend, suggesting lower returns on existing investments and a decrease in investments.

The company’s ROCE stands at 11% for the trailing twelve months up to June 2023, equating to US$2.1 billion. However, when compared with the building industry’s average ROCE of 15%, Carrier Global’s performance appears lackluster. This discrepancy indicates that the company’s operations may not be performing up to industry standards.

A review of the company’s past ROCE trends reveals a concerning pattern. Five years ago, Carrier Global’s capital returns were at a healthier 16%, but this figure has since declined significantly to its current level.

In tandem with this decline, Carrier Global has been employing approximately the same amount of capital as it did five years ago. This trend suggests that while there are still opportunities for capital deployment within the company, the returns generated are less substantial than before. This could be due to increased market competition or shrinking profit margins.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Uncategorized

Articles Monte Carlo 20 free spins no deposit: Bejeweled Cascades Slot Graphics and you will Gameplay Bejeweled Cascades Package Reputation Review & Trial January...

Uncategorized

Blogs Gamble Shogun of your energy Slot Free of charge: Star Trek online slot Tips Win in the Balloonies? Balloonies Ranch Position Wheel away...

Uncategorized

Posts Evolution Playing | Arabian slots for fun Better Position Application Team Real time Roulette Allege Your own Boundary: Bonuses and Promotions TG Casino:...

Uncategorized

Articles Totem Treasure free spins 150 | Do i need to win real money that have totally free spins no-deposit bonuses? Put 5 and...