SXL News: Southern Cross Media Group (ASX:SXL) Will Be Hoping To Turn Its Returns On Capital Around - 9th Aug 2022, 7:35am

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If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? 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. Trends like this ultimately mean the business is reducing its investments and also earning less on what it has invested. So after glancing at the trends within Southern Cross Media Group (ASX:SXL), we weren't too hopeful.

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