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Infinitt Healthcare Co (XKRX:071200) ROCE % : 26.81% (As of Dec. 2023)


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What is Infinitt Healthcare Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Infinitt Healthcare Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 26.81%.


Infinitt Healthcare Co ROCE % Historical Data

The historical data trend for Infinitt Healthcare Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Infinitt Healthcare Co ROCE % Chart

Infinitt Healthcare Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.56 9.36 24.90 -2.51 18.00

Infinitt Healthcare Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.04 18.95 24.04 2.42 26.81

Infinitt Healthcare Co ROCE % Calculation

Infinitt Healthcare Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=23579.687/( ( (149508.094 - 28925.114) + (174926.843 - 33462.469) )/ 2 )
=23579.687/( (120582.98+141464.374)/ 2 )
=23579.687/131023.677
=18.00 %

Infinitt Healthcare Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=36696.432/( ( (162269.164 - 29972.682) + (174926.843 - 33462.469) )/ 2 )
=36696.432/( ( 132296.482 + 141464.374 )/ 2 )
=36696.432/136880.428
=26.81 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Infinitt Healthcare Co  (XKRX:071200) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Infinitt Healthcare Co ROCE % Related Terms

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Infinitt Healthcare Co (XKRX:071200) Business Description

Traded in Other Exchanges
N/A
Address
27 Digital-ro 34th Street, 12th Floor, Daerung Post Tower III, Guro-gu, Seoul, KOR, 08378
Infinitt Healthcare Co Ltd is a Korea based company engaged in developing digital solutions used in hospitals. It offers clinical solutions, enterprise imaging solutions and radiology solutions. Clinical solutions cover cardiology PACS, digital pathology solutions, 3D solution, 3D printing service, radiation oncology information solution and others. Radiology solutions include PACS, RIS, Data Analytics solution, Cloud PACS, TeleRadiology solution and others.

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