AMHCW (Amplitude Healthcare Acquisition) ROCE %: -0.56% (As of Jun. 2021)


What is Amplitude Healthcare Acquisition ROCE %?

Amplitude Healthcare Acquisition AMHCW ROCE % is -0.56% as of Jun. 2021. The stock has 1 warning sign investors should review.

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. Amplitude Healthcare Acquisition's annualized ROCE % for the quarter that ended in Jun. 2021 was -0.56%.


Amplitude Healthcare Acquisition  (NAS:AMHCW) 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.


Amplitude Healthcare Acquisition ROCE % Related Terms


Amplitude Healthcare Acquisition ROCE % Historical Data

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The historical data trend for Amplitude Healthcare Acquisition'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.

Amplitude Healthcare Acquisition ROCE % Chart

Amplitude Healthcare Acquisition Annual Data
Trend Dec19 Dec20
ROCE %
0.00 -0.92

Amplitude Healthcare Acquisition Semi-Annual Data
Aug19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROCE % Get a 7-Day Free Trial -0.32 -0.22 -0.16 -0.21 -0.56

Amplitude Healthcare Acquisition ROCE % Calculation

Amplitude Healthcare Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-0.935/( ( (101.694 - 0.111) + (101.261 - 0.269) )/ 2 )
=-0.935/( (101.583+100.992)/ 2 )
=-0.935/101.2875
=-0.92 %

Amplitude Healthcare Acquisition's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=-0.562/( ( (100.96 - 0.181) + (100.549 - 0.329) )/ 2 )
=-0.562/( ( 100.779 + 100.22 )/ 2 )
=-0.562/100.4995
=-0.56 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2021) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.56% mean?
Amplitude Healthcare Acquisition (AMHCW) has a ROCE % of -0.56% as of Jun. 2021.
Is Amplitude Healthcare Acquisition's ROCE % too high?
Amplitude Healthcare Acquisition's current ROCE % is -0.56%.
How does Amplitude Healthcare Acquisition's ROCE % compare to ?
Amplitude Healthcare Acquisition's ROCE % of -0.56% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Amplitude Healthcare Acquisition's current ROCE % is -0.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amplitude Healthcare Acquisition stock overvalued right now?
Amplitude Healthcare Acquisition (AMHCW) has a current ROCE % of -0.56%. The current ROCE % is -0.56%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Amplitude Healthcare Acquisition (AMHCW), the current ROCE % is -0.56% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amplitude Healthcare Acquisition Business Description

Comparable Companies
Address 1177 Avenue of the Americas, Floor 40, New York, NY, USA, 10036
Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.