LTC Properties (FRA:LTP) ROCE % : 10.23% (As of Sep. 2024)

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What is LTC Properties 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. LTC Properties's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.23%.

LTC Properties ROCE % Historical Data

The historical data trend for LTC Properties'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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LTC Properties ROCE % Chart

LTC Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.63

8.24

5.99

8.82

7.97

LTC Properties Quarterly Data
	Dec19	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															9.68	9.98	8.65	8.04	10.23

LTC Properties ROCE % Calculation

LTC Properties'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 )
	=	126.982	/	( ( (1563.361 - 35.817)	+	(1701.125 - 43.57) )	/ 2 )
	=	126.982	/	( (1527.544	+	1657.555)	/ 2 )
	=	126.982	/	1592.5495
	=	7.97 %

LTC Properties'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 )
	=	147.348	/	( ( (1756.475 - 305.366)	+	(1686.345 - 256.809) )	/ 2 )
	=	147.348	/	( ( 1451.109	+	1429.536 )	/ 2 )
	=	147.348	/	1440.3225
	=	10.23 %

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

LTC Properties (FRA:LTP) 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.

LTC Properties ROCE % Related Terms

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LTC Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LTC Properties Inc (FRA:LTP) » Definitions » ROCE %

Comparable Companies

SILA MPW DHC GMRE UHT CHCT CHTH HLTC NHHS STRW WELL VTR DOC OHI HR CTRE AHR SBRA NHI TSX:CSH.UN

Traded in Other Exchanges

LTC:USA 0JSP:UK LTP:Germany

Address

2829 Townsgate Road, Suite 350, Westlake Village, CA, USA, 91361

Website

https://www.ltcreit.com

LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in seniors housing and healthcare facilities through mortgage loans, property lease transactions, and other investments. Its real estate investments includes different types of properties such as Independent living communities, Assisted living communities, Memory care communities, Skilled nursing centers and other types of properties.

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