Assura (LSE:AGR) ROCE % : -0.28% (As of Sep. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Assura 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. Assura's annualized ROCE % for the quarter that ended in Sep. 2023 was -0.28%.

Assura ROCE % Historical Data

The historical data trend for Assura'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.

Assura ROCE % Chart

Assura Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

5.68

5.05

5.71

6.59

-3.14

Assura Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															6.20	6.82	2.93	-9.31	-0.28

Assura ROCE % Calculation

Assura's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-92.4	/	( ( (3120.5 - 75.1)	+	(2922.6 - 77.8) )	/ 2 )
	=	-92.4	/	( (3045.4	+	2844.8)	/ 2 )
	=	-92.4	/	2945.1
	=	-3.14 %

Assura's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-7.8	/	( ( (2922.6 - 77.8)	+	(2858.3 - 76.1) )	/ 2 )
	=	-7.8	/	( ( 2844.8	+	2782.2 )	/ 2 )
	=	-7.8	/	2813.5
	=	-0.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Assura (LSE:AGR) 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.

Assura ROCE % Related Terms

Thank you for viewing the detailed overview of Assura's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Assura (LSE:AGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Assura PLC (LSE:AGR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ARSSF:USA AGRl:UK

Address

3 Barrington Road, Altrincham, GBR, WA14 1GY

Website

https://www.assuraplc.com

Assura PLC is a healthcare facility REIT. The company operates one segment that develops, owns, and manages primary-care properties. All the company's revenue is generated in the United Kingdom. Assura seeks properties that are characterized by a secure and predictable income stream with an underpinning of inflation linkage. The company considers merger and acquisition investment to be a component of its operational growth strategy. It engages in relationship-building with general practitioners to secure investment opportunities.