HealthBeacon (DUB:HBCN) ROCE % : -65.98% (As of Dec. 2022)

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What is HealthBeacon 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. HealthBeacon's annualized ROCE % for the quarter that ended in Dec. 2022 was -65.98%.

HealthBeacon ROCE % Historical Data

The historical data trend for HealthBeacon'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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HealthBeacon ROCE % Chart

HealthBeacon Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-59.51

-41.97

-53.81

-40.10

-55.05

HealthBeacon Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
ROCE %	Get a 7-Day Free Trial			-56.38	-82.30	-55.82	-45.45	-65.98

HealthBeacon ROCE % Calculation

HealthBeacon's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-13.058	/	( ( (32.942 - 3.565)	+	(24.923 - 6.858) )	/ 2 )
	=	-13.058	/	( (29.377	+	18.065)	/ 2 )
	=	-13.058	/	23.721
	=	-55.05 %

HealthBeacon's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	-13.942	/	( ( (26.372 - 2.178)	+	(24.923 - 6.858) )	/ 2 )
	=	-13.942	/	( ( 24.194	+	18.065 )	/ 2 )
	=	-13.942	/	21.1295
	=	-65.98 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

HealthBeacon (DUB:HBCN) 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.

HealthBeacon ROCE % Related Terms

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HealthBeacon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthBeacon PLC (DUB:HBCN) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Naas Road, Muirfield Drive, Unit 20, Naas Road Business Park, Dublin, IRL, D12WD85

Website

https://www.healthbeacon.com

HealthBeacon PLC is a digital therapeutics company that develops products for managing injectable medications for patients in the home. Its Injection Care Management System tracks adherence and persistence with medication schedules through the provision of medication management reminders, safe and sustainable sharps disposal devices, educational tools, and artificial intelligence-driven data analytics. It has three operating segments: Direct-to-Consumer, Patient safety Hub and Patient Support Programmes. The company generates the majority of revenue from the DTC segment.

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