Trump says there's a buyer for TikTok but he won't provide name
Congress passed a law last year requiring the divestiture, citing national security concerns. Under the law, the president was allowed to invoke one extension.
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Movement on a deal has largely stalled with US-China trade relations swept up in larger tensions over tariff negotiations.
The White House didn't respond to a request for more details on Trump's latest remarks.
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Returns On Capital Are Showing Encouraging Signs At Kingsmen Creatives (SGX:5MZ)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at Kingsmen Creatives (SGX:5MZ) so let's look a bit deeper. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Kingsmen Creatives is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.051 = S$6.8m ÷ (S$277m - S$144m) (Based on the trailing twelve months to December 2024). Therefore, Kingsmen Creatives has an ROCE of 5.1%. Ultimately, that's a low return and it under-performs the Professional Services industry average of 13%. Check out our latest analysis for Kingsmen Creatives While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Kingsmen Creatives. Kingsmen Creatives is showing promise given that its ROCE is trending up and to the right. The figures show that over the last five years, ROCE has grown 1,294% whilst employing roughly the same amount of capital. So our take on this is that the business has increased efficiencies to generate these higher returns, all the while not needing to make any additional investments. It's worth looking deeper into this though because while it's great that the business is more efficient, it might also mean that going forward the areas to invest internally for the organic growth are lacking. On a side note, Kingsmen Creatives' current liabilities are still rather high at 52% of total assets. This can bring about some risks because the company is basically operating with a rather large reliance on its suppliers or other sorts of short-term creditors. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower. As discussed above, Kingsmen Creatives appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. And a remarkable 112% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist. On a final note, we've found 3 warning signs for Kingsmen Creatives that we think you should be aware of. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Stock market today: Dow, S&P 500 and Nasdaq futures rise as stocks set to end June with a bang
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33 minutes ago
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CNBC Daily Open: The S&P 500 hits a high — but as Trump gives, so can he take
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