Looking Into Skillsoft's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Skillsoft (NYSE:SKIL) reported Q1 sales of $135.55 million and a loss of $44.22 million, despite a 17.31% increase in earnings. The company posted a negative Return on Capital Employed (ROCE) of -0.09%, suggesting inefficient capital allocation.
June 07, 2023 | 2:49 pm
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Skillsoft's Q1 sales totaled $135.55 million, but the company posted a loss of $44.22 million. The negative ROCE of -0.09% suggests inefficient capital allocation.
Skillsoft's Q1 results show a loss despite increased earnings, and the negative ROCE indicates that the company is not effectively allocating its capital. This could lead to concerns about the company's efficiency and long-term success, potentially causing a negative impact on the stock price in the short term.
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