PNTG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PNTG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Pennant Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.85%.
The historical data trend for Pennant Group'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.
Pennant Group'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 ) | |||||
= | 25.508 | / | ( ( (512.119 - 70.247) | + | (539.691 - 71.549) ) | / 2 ) | |
= | 25.508 | / | ( (441.872 | + | 468.142) | / 2 ) | |
= | 25.508 | / | 455.007 | ||||
= | 5.61 % |
Pennant Group'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 ) | |||||
= | 31.512 | / | ( ( (520.315 - 68.76) | + | (539.691 - 71.549) ) | / 2 ) | |
= | 31.512 | / | ( ( 451.555 | + | 468.142 ) | / 2 ) | |
= | 31.512 | / | 459.8485 | ||||
= | 6.85 % |
(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.
Pennant Group (NAS:PNTG) 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.
Thank you for viewing the detailed overview of Pennant Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jennifer Freeman | officer: Chief Financial Officer | C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616 |
Lynette Walbom | officer: Chief Financial Officer | 1675 E. RIVERSIDE DR., SUITE 150, EAGLE ID 83616 |
John J Gochnour | officer: Chief Operating Officer | C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 100, EAGLE ID 83616 |
Joanne Stringfield | director | C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616 |
Barry M Smith | director | 4800 N SCOTTSDALE RD, SUITE 5000, SCOTTSDALE AZ 85251 |
John G. Nackel | director | 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691 |
Christopher R. Christensen | director | 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691 |
Morris Gregory K Sr. | director | 1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616 |
Daniel H Walker | director, officer: See Remarks | C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616 |
Brent Guerisoli | officer: President | 1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616 |
Derek J Bunker | officer: See Remarks | C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616 |
Scott E Lamb | director | ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673 |
Roderic W Lewis | director | |
Covey Stephen M R | director | |
Ensign Group, Inc | 10 percent owner | 29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 06-25-2022
By Marketwired • 07-29-2023
By Marketwired • 11-01-2023
By Value_Insider Value_Insider • 11-01-2022
By Value_Insider Value_Insider • 11-11-2022
By Value_Insider Value_Insider • 11-03-2022
By Value_Insider Value_Insider • 12-13-2022
By GuruFocusNews GuruFocusNews • 07-05-2022
By PurpleRose PurpleRose • 08-04-2022
By Value_Insider Value_Insider • 11-11-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.