Welltower OP LLC (Welltower OP LLC) ROCE % : 2.33% (As of Dec. 2023)

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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. Welltower OP LLC's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.33%.

Welltower OP LLC ROCE % Historical Data

The historical data trend for Welltower OP LLC'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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Welltower OP LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.70

1.53

2.02

2.00

2.41

Welltower OP LLC 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															1.63	1.98	3.23	2.33	2.33

Welltower OP LLC ROCE % Calculation

Welltower OP LLC'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 )
	=	957.893	/	( ( (37893.233 - 1168.092)	+	(44012.166 - 1099.922) )	/ 2 )
	=	957.893	/	( (36725.141	+	42912.244)	/ 2 )
	=	957.893	/	39818.6925
	=	2.41 %

Welltower OP LLC'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 )
	=	968.148	/	( ( (41654.702 - 1636.73)	+	(44012.166 - 1099.922) )	/ 2 )
	=	968.148	/	( ( 40017.972	+	42912.244 )	/ 2 )
	=	968.148	/	41465.108
	=	2.33 %

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

Welltower OP LLC (NYSE:HCNPRJCL.PFD) 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.

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Welltower OP LLC (Welltower OP LLC) Business Description

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WELL:USA HCW:Germany W1EL34:Brazil

Address

4500 Dorr Street, Toledo, OH, USA, 43615

Website

http://www.welltower.com

Welltower owns a diversified healthcare portfolio of over 2,000 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.