Vibhavadi Medical Center PCL (BKK:VIBHA-R) ROCE % : 9.30% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Vibhavadi Medical Center 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. Vibhavadi Medical Center PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.30%.

Vibhavadi Medical Center PCL ROCE % Historical Data

The historical data trend for Vibhavadi Medical Center 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.

* Premium members only.

Vibhavadi Medical Center PCL ROCE % Chart

Vibhavadi Medical Center PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.77

5.87

13.11

9.76

6.94

Vibhavadi Medical Center 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															5.64	5.37	10.15	8.59	9.30

Vibhavadi Medical Center PCL ROCE % Calculation

Vibhavadi Medical Center 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 )
	=	1577.68	/	( ( (31002.762 - 7010.837)	+	(27813.885 - 6358.712) )	/ 2 )
	=	1577.68	/	( (23991.925	+	21455.173)	/ 2 )
	=	1577.68	/	22723.549
	=	6.94 %

Vibhavadi Medical Center 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 )
	=	1965.708	/	( ( (27813.885 - 6358.712)	+	(27209.159 - 6380.122) )	/ 2 )
	=	1965.708	/	( ( 21455.173	+	20829.037 )	/ 2 )
	=	1965.708	/	21142.105
	=	9.30 %

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

Vibhavadi Medical Center PCL (BKK:VIBHA-R) 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.

Vibhavadi Medical Center PCL ROCE % Related Terms

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

Vibhavadi Medical Center PCL (BKK:VIBHA-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Vibhavadi Medical Center PCL (BKK:VIBHA-R) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VIBHA:Thailand

Address

51/3 Ngam Wong Wan Road, Latyao Sub-District, Chatuchak District, Bangkok, THA, 10900

Website

https://www.vibhavadi.com

Vibhavadi Medical Center PCL provides healthcare services in Thailand. The company operates multiple hospital buildings in Thailand and employs specialists from a large number of medical fields. Some medical technologies used at hospitals include Magnetic Resonance Imaging (MRI), X-ray Computed Tomography, Datospir, Wavefront Lasik, Laparoscopic Surgery, and Gastrointestinal Endoscopy. The company has two operating segments: Hospitals and Others. The Hospitals segment includes the operations of the General Hospital, Hospitals in Social Security, and the National Health Security Office systems. The Others segment is composed of Rental and Hotel services. The Hospital segment is responsible for generating a majority of the company's revenue, derived from medical treatment services.

Vibhavadi Medical Center PCL (BKK:VIBHA-R) Headlines

No Headlines