Enlitic (ASX:ENL) ROCE % : -219.37% (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Enlitic 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. Enlitic's annualized ROCE % for the quarter that ended in Dec. 2024 was -219.37%.

Enlitic ROCE % Historical Data

The historical data trend for Enlitic'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.

Enlitic ROCE % Chart

Enlitic Annual Data

Trend

Dec23

Dec24

ROCE %

-141.65

-140.88

Enlitic Semi-Annual Data
	Dec23	Jun24	Dec24
ROCE %	-	-185.60	-219.37

Enlitic ROCE % Calculation

Enlitic's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-24.08	/	( ( (17.292 - 0.946)	+	(22.42 - 4.581) )	/ 2 )
	=	-24.08	/	( (16.346	+	17.839)	/ 2 )
	=	-24.08	/	17.0925
	=	-140.88 %

Enlitic's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-26.29	/	( ( (7.363 - 1.233)	+	(22.42 - 4.581) )	/ 2 )
	=	-26.29	/	( ( 6.13	+	17.839 )	/ 2 )
	=	-26.29	/	11.9845
	=	-219.37 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Enlitic (ASX:ENL) 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.

Enlitic ROCE % Related Terms

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

Enlitic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Enlitic Inc (ASX:ENL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3420 East Harmony Road, Suite 125, Fort Collins, CO, USA, 80528

Website

https://www.enlitic.com

Enlitic Inc is the AI-enabled healthcare revolution. The company has developed an intelligent data framework that powers critical workflows, orchestrates data, and enables greater comprehension of what information resides in archives thereby unlocking new revenue opportunities, generating cost savings, and improving healthcare delivery. It provides solutions for Radiologists, IT Professionals, Executives, and Researchers. The Group has two operating segments: Software includes intelligently managing healthcare data using the power of artificial intelligence to expand capacity and improve clinical workflows, etc; and Migration services Transfer large volumes of imaging data to allow for the smooth transition of software solutions for healthcare vendors and providers and Migration services.

Enlitic Headlines

No Headlines