MedBright AI Investments (FRA:Y30) ROCE % : -21.98% (As of Aug. 2024)

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What is MedBright AI Investments 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. MedBright AI Investments's annualized ROCE % for the quarter that ended in Aug. 2024 was -21.98%.

MedBright AI Investments ROCE % Historical Data

The historical data trend for MedBright AI Investments'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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MedBright AI Investments ROCE % Chart

MedBright AI Investments Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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-72.05

-228.16

MedBright AI Investments Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															-1,441.54	-51.26	15.87	-22.23	-21.98

MedBright AI Investments ROCE % Calculation

MedBright AI Investments's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	-4.878	/	( ( (1.159 - 0.943)	+	(4.239 - 0.179) )	/ 2 )
	=	-4.878	/	( (0.216	+	4.06)	/ 2 )
	=	-4.878	/	2.138
	=	-228.16 %

MedBright AI Investments's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-0.804	/	( ( (3.994 - 0.207)	+	(3.742 - 0.214) )	/ 2 )
	=	-0.804	/	( ( 3.787	+	3.528 )	/ 2 )
	=	-0.804	/	3.6575
	=	-21.98 %

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

MedBright AI Investments (FRA:Y30) 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.

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MedBright AI Investments Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MedBright AI Investments Inc (FRA:Y30) » Definitions » ROCE %

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MBAIF:USA MBAI:Canada

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.medbright.ai

MedBright AI Investments Inc is a capital allocator focusing on investing in healthcare technology companies.

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