Wesana Health Holdings (FRA:DDX) ROCE %: 0.00% (As of Sep. 2024)


FRA:DDX Wesana Health Holdings Inc FRA:DDX
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What is Wesana Health Holdings ROCE %?

Wesana Health Holdings FRA:DDX 10 ROCE % is 0.00% as of Sep. 2024. GuruFocus rates FRA:DDX with a GF Score™ of 10/100.

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. Wesana Health Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Wesana Health Holdings  (FRA:DDX) 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.

Wesana Health Holdings ROCE % Related Terms

Wesana Health Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Wesana Health Holdings'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.

Wesana Health Holdings ROCE % Chart

Wesana Health Holdings Annual Data
Trend Apr20 Apr21 Dec22 Dec23
ROCE %
-15.38 -15.38 -553.70 -560.36

Wesana Health Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,946.28 -786.32 0.00 0.00 0.00
FRA:DDX
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Wesana Health Holdings Inc FRA:DDX
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Wesana Health Holdings ROCE % Calculation

Wesana Health Holdings'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 )
=-1.852/( ( (1.826 - 0.915) + (0.911 - 1.161) )/ 2 )
=-1.852/( (0.911+-0.25)/ 2 )
=-1.852/0.3305
=-560.36 %

Wesana Health Holdings'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: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-0.12/( ( (0.471 - 0.999) + (0.445 - 0.989) )/ 2 )
=-0.12/( ( -0.528 + -0.544 )/ 2 )
=-0.12/-0.536
=0 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Wesana Health Holdings (FRA:DDX) has a ROCE % of 0.00% as of Sep. 2024.
Is Wesana Health Holdings' ROCE % too high?
Wesana Health Holdings' current ROCE % is 0.00%. Overall, Wesana Health Holdings has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Wesana Health Holdings' ROCE % compare to BPTH and HEPA?
Wesana Health Holdings' ROCE % of 0.00% can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Biotechnology company?
A good ROCE % depends on the Biotechnology industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Wesana Health Holdings's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesana Health Holdings stock overvalued right now?
Wesana Health Holdings (FRA:DDX) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Wesana Health Holdings' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Wesana Health Holdings (FRA:DDX), the current ROCE % is 0.00% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wesana Health Holdings Business Description

Address 745 Thurlow Street, Suite 2400, Vancouver, BC, CAN, V6E 0C5
Wesana Health Holdings Inc is looking for new business opportunities.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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