Ramsay Health Care (ASX:RHC) Research & Development : A$0 Mil (TTM As of Dec. 2023)

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What is Ramsay Health Care Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ramsay Health Care's Research & Development for the six months ended in Dec. 2023 was A$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was A$0 Mil.

Ramsay Health Care Research & Development Historical Data

The historical data trend for Ramsay Health Care's Research & Development 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.

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Ramsay Health Care Research & Development Chart

Ramsay Health Care Annual Data

Trend

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Research & Development

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Ramsay Health Care Semi-Annual Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Ramsay Health Care Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

Ramsay Health Care (ASX:RHC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Ramsay Health Care Research & Development Related Terms

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Ramsay Health Care (ASX:RHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Health Care Ltd (ASX:RHC) » Definitions » Research & Development

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Traded in Other Exchanges

RMYHY:USA RMSYF:USA RMY:Germany RHCPA.PFD:Australia

Address

126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000

Website

https://www.ramsayhealth.com

Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.

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