Lindblad Expeditions Holdings Sees Return on Capital Employed Rise Amid Efficiencies

Lindblad Expeditions Holdings (NASDAQ:LIND) has reported a 9.3% return on capital employed, up from losses five years ago. The company's capital employed has remained relatively flat, and the higher returns are likely due to prior investments paying off or increased efficiencies. The improvement in ROCE appears to be partly fueled by an increase in current liabilities.