Isleworth Healthcare Acquisition (Isleworth Healthcare Acquisition) ROCE % : -0.65% (As of Jun. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Isleworth Healthcare Acquisition 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. Isleworth Healthcare Acquisition's annualized ROCE % for the quarter that ended in Jun. 2022 was -0.65%.

Isleworth Healthcare Acquisition ROCE % Historical Data

The historical data trend for Isleworth Healthcare Acquisition'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.

Isleworth Healthcare Acquisition ROCE % Chart

Isleworth Healthcare Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

-0.81

Isleworth Healthcare Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial			-0.45	-0.38	-0.47	-1.14	-0.65

Isleworth Healthcare Acquisition ROCE % Calculation

Isleworth Healthcare Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-0.837	/	( ( (0.077 - 0.054)	+	(207.967 - 0.277) )	/ 2 )
	=	-0.837	/	( (0.023	+	207.69)	/ 2 )
	=	-0.837	/	103.8565
	=	-0.81 %

Isleworth Healthcare Acquisition's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	-1.352	/	( ( (207.863 - 0.692)	+	(207.715 - 0.612) )	/ 2 )
	=	-1.352	/	( ( 207.171	+	207.103 )	/ 2 )
	=	-1.352	/	207.137
	=	-0.65 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

Isleworth Healthcare Acquisition (NAS:ISLEW) 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.

Isleworth Healthcare Acquisition ROCE % Related Terms

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