SXL News: Southern Cross Media Group (ASX:SXL) Could Be Struggling To Allocate Capital - 16th Jan 2023, 9:37am

[annb0t]

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll see a declining return on capital employed (ROCE) and a declining amount of capital employed. This reveals that the company isn't compounding shareholder wealth because returns are falling and its net asset base is shrinking. On that note, looking into Southern Cross Media Group (ASX:SXL), we weren't too upbeat about how things were going.

What Is Return On Capital Employed (ROCE...

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