LTC Properties (LTC Properties) ROCE % : 10.08% (As of Dec. 2023)

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What is LTC Properties 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. LTC Properties's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.08%.

LTC Properties ROCE % Historical Data

The historical data trend for LTC Properties'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.

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LTC Properties ROCE % Chart

LTC Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.54

8.64

5.78

8.56

8.08

LTC Properties 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															7.01	11.35	4.81	9.60	10.08

LTC Properties ROCE % Calculation

LTC Properties'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 )
	=	138.476	/	( ( (1656.103 - 37.942)	+	(1855.098 - 47.514) )	/ 2 )
	=	138.476	/	( (1618.161	+	1807.584)	/ 2 )
	=	138.476	/	1712.8725
	=	8.08 %

LTC Properties'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 )
	=	164.356	/	( ( (1867.863 - 413.507)	+	(1855.098 - 47.514) )	/ 2 )
	=	164.356	/	( ( 1454.356	+	1807.584 )	/ 2 )
	=	164.356	/	1630.97
	=	10.08 %

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

LTC Properties (NYSE:LTC) 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.

LTC Properties ROCE % Related Terms

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LTC Properties (LTC Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LTC Properties Inc (NYSE:LTC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LTP:Germany LTP:Germany

Address

2829 Townsgate Road, Suite 350, Westlake Village, CA, USA, 91361

Website

https://www.ltcreit.com

LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and healthcare real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects.

Executives

Boyd W Hendrickson	director	22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265
Pamela Shelley-kessler	officer: VP & Controller	300 ESPLANADE DR #1860, OXNARD CA 93036
David L Gruber	director	2829 TOWNSGATE RD, STE 350, WESTLAKE VILLAGE CA 91361
Wendy Simpson	director, officer: CFO & Treasurer	300 ESPLANADE DR #1860, OXNARD CA 93036
Caroline Wong	officer: VP, Controller & Treasurer	2829 TOWNSGATE RD, SUITE 350, WESTLAKE VILLAGE CA 91361
Timothy Triche	director	2358 NORTH VERMONT AVE, LOS ANGELES CA 90027
Cheng Cornelia	director	2829 TOWNSGATE RD, STE 350, STE 350, WESTLAKE VILLAGE CA 91361
James Pieczynski	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Clint B Malin	officer: VP & CIO	22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265
Brent P. Chappell	officer: SVP, Inv. & Portfolio Mgmt	2829 TOWNSGATE RD #350, WESTLAKE VILLAGE CA 91361
Edmund King	director	258 VINEYARD LANE, MESQUITE NV 89027
Thomas Andrew Stokes	officer: VP, Marketing/Strat. Planning	31365 OAK CREST DRIVE, SUITE 200, WESTLAKE VILLAGE CA 91361
Peter G Lyew	officer: VP, Director of Taxes	31365 OAK CREST DRVE, SUITE 200, WESTLAKE VILLAGE CA 91361
Andre C Dimitriadis	director, officer: CEO and President	9955 SE WASHINTON, SUITE 201, PORTLAND OR 97216
Devra G Shapiro	director	C/O IPC THE HOSPITALIST COMPANY, INC., 4605 LANKERSHIM BLVD SUITE 617, NORTH HOLLYWOOD CA 91602