Rajthanee Hospital PCL (BKK:RJH) ROCE % : 19.53% (As of Mar. 2024)

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What is Rajthanee Hospital PCL 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. Rajthanee Hospital PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.53%.

Rajthanee Hospital PCL ROCE % Historical Data

The historical data trend for Rajthanee Hospital PCL'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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Rajthanee Hospital PCL ROCE % Chart

Rajthanee Hospital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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32.68

30.04

70.68

54.03

18.73

Rajthanee Hospital PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															19.26	16.83	21.08	17.24	19.53

Rajthanee Hospital PCL ROCE % Calculation

Rajthanee Hospital PCL'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 )
	=	552.482	/	( ( (3787.908 - 979.006)	+	(4020.16 - 929.556) )	/ 2 )
	=	552.482	/	( (2808.902	+	3090.604)	/ 2 )
	=	552.482	/	2949.753
	=	18.73 %

Rajthanee Hospital PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	621.212	/	( ( (4020.16 - 929.556)	+	(3943.952 - 671.354) )	/ 2 )
	=	621.212	/	( ( 3090.604	+	3272.598 )	/ 2 )
	=	621.212	/	3181.601
	=	19.53 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Rajthanee Hospital PCL (BKK:RJH) 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.

Rajthanee Hospital PCL ROCE % Related Terms

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Rajthanee Hospital PCL (BKK:RJH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rajthanee Hospital PCL (BKK:RJH) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 111 Moo 3, Rojana Road, Khlong Suan Phlu Sub-district, Phra Nakhon Si Ayutthaya District, Phra Nakhon Si Ayutthaya, THA, 13000

Website

https://www.rajthanee.com

Rajthanee Hospital PCL is operating in the healthcare sector. It is principally engaged in the provision of healthcare services. In hospital operations, it provides medical services such as cardiology center, emergency accident center, orthopedic center, hemodialysis center, pediatrics center, health screening center, dental center, and radiology center. Its customers include individuals, a group of policyholders of the insurance company, a group of contract parties' company and a group of insured on social security.

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