Wattanapat Hospital Trang PCL (BKK:WPH) ROCE % : 26.76% (As of Mar. 2024)

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What is Wattanapat Hospital Trang 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. Wattanapat Hospital Trang PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 26.76%.

Wattanapat Hospital Trang PCL ROCE % Historical Data

The historical data trend for Wattanapat Hospital Trang 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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Wattanapat Hospital Trang PCL ROCE % Chart

Wattanapat Hospital Trang PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.56

-2.17

20.33

9.02

7.83

Wattanapat Hospital Trang 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															7.92	-0.82	10.44	13.20	26.76

Wattanapat Hospital Trang PCL ROCE % Calculation

Wattanapat Hospital Trang 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 )
	=	153.885	/	( ( (2214.354 - 322.998)	+	(2570.405 - 528.991) )	/ 2 )
	=	153.885	/	( (1891.356	+	2041.414)	/ 2 )
	=	153.885	/	1966.385
	=	7.83 %

Wattanapat Hospital Trang 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 )
	=	599.04	/	( ( (2570.405 - 528.991)	+	(2770.932 - 335.351) )	/ 2 )
	=	599.04	/	( ( 2041.414	+	2435.581 )	/ 2 )
	=	599.04	/	2238.4975
	=	26.76 %

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

Wattanapat Hospital Trang PCL (BKK:WPH) 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.

Wattanapat Hospital Trang PCL ROCE % Related Terms

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Wattanapat Hospital Trang PCL (BKK:WPH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wattanapat Hospital Trang PCL Ltd (BKK:WPH) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

247/2 Phatalung Road, Thap Thiang Sub-district, Mueang Trang District, Trang, THA, 92000

Website

http://www.wattanapat.co.th

Wattanapat Hospital Trang PCL Ltd is engaged in the hospital business. Its operations are carried on only in Thailand. The company offers a range of services including surgery, gynecology, pediatrics, skin treatment, dental, kidney, and MRI services.

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