KK Shah Hospitals (BOM:544013) ROCE % : 2.27% (As of Sep. 2024)

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

What is KK Shah Hospitals 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. KK Shah Hospitals's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.27%.

KK Shah Hospitals ROCE % Historical Data

The historical data trend for KK Shah Hospitals'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.

KK Shah Hospitals ROCE % Chart

KK Shah Hospitals Annual Data

Trend

Mar23

Mar24

ROCE %

5.74

7.27

KK Shah Hospitals Semi-Annual Data
	Mar23	Sep23	Mar24	Sep24
ROCE %	-	12.67	5.31	2.27

KK Shah Hospitals ROCE % Calculation

KK Shah Hospitals's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	6.971	/	( ( (56.132 - 5.194)	+	(146.312 - 5.384) )	/ 2 )
	=	6.971	/	( (50.938	+	140.928)	/ 2 )
	=	6.971	/	95.933
	=	7.27 %

KK Shah Hospitals's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	3.204	/	( ( (146.312 - 5.384)	+	(145.136 - 3.879) )	/ 2 )
	=	3.204	/	( ( 140.928	+	141.257 )	/ 2 )
	=	3.204	/	141.0925
	=	2.27 %

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

KK Shah Hospitals (BOM:544013) 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.

KK Shah Hospitals ROCE % Related Terms

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

KK Shah Hospitals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » KK Shah Hospitals Ltd (BOM:544013) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

124, Katju Nagar, Swastik App., Ratlam, MP, IND, 457001

Website

http://www.shahhospitalratlam.com

KK Shah Hospitals Ltd is a company providing healthcare facilities which has sixty-five beds for in-patient treatment, their hospital is also equipped with diagnostic devices such as CT scan, DEXA scan, BMD, sonography, and X-Ray machines. The company is engaged in providing healthcare services which constitutes a single business segment.

KK Shah Hospitals Headlines

No Headlines