SKC News: SkyCity Entertainment Group (NZSE:SKC) Will Be Hoping To Turn Its Returns On Capital Around - 16th May 2023, 7:02am

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If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop up? More often than not, we'll see a declining return on capital employed (ROCE) and a declining amount of capital employed. Ultimately this means that the company is earning less per dollar invested and on top of that, it's shrinking its base of capital employed. And from a first read, things don't look too good at SkyCity Entertainment Group (NZSE:SKC), so let's see why.

What I...

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