SXL News: Returns On Capital Signal Difficult Times Ahead For Southern Cross Media Group (ASX:SXL) - 2nd Mar 2022, 12:18pm

annb0t

Top 20
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications of aging. Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. This indicates to us that the business is not only shrinking the size of its net assets, but its returns are falling as well. So after glancing at the trends within Southern Cross Media Group (ASX:SXL), we weren't t...

>>> Read more: Returns On Capital Signal Difficult Times Ahead For Southern Cross Media Group (ASX:SXL)
 
Top Bottom