Oral Hammaslaakarit Oyj (LTS:0O9M) ROCE % : -6.01% (As of Sep. 2014)

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What is Oral Hammaslaakarit Oyj 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. Oral Hammaslaakarit Oyj's annualized ROCE % for the quarter that ended in Sep. 2014 was -6.01%.

Oral Hammaslaakarit Oyj ROCE % Historical Data

The historical data trend for Oral Hammaslaakarit Oyj'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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Oral Hammaslaakarit Oyj ROCE % Chart

Oral Hammaslaakarit Oyj Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

ROCE %

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6.57

11.17

0.32

2.28

8.88

Oral Hammaslaakarit Oyj Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
ROCE %	Get a 7-Day Free Trial															3.69	11.70	7.38	9.30	-6.01

Oral Hammaslaakarit Oyj ROCE % Calculation

Oral Hammaslaakarit Oyj's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	1.77	/	( ( (25.668 - 6.935)	+	(31.576 - 10.423) )	/ 2 )
	=	1.77	/	( (18.733	+	21.153)	/ 2 )
	=	1.77	/	19.943
	=	8.88 %

Oral Hammaslaakarit Oyj's ROCE % of for the quarter that ended in Sep. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	-1.192	/	( ( (29.401 - 10.115)	+	(29.467 - 9.083) )	/ 2 )
	=	-1.192	/	( ( 19.286	+	20.384 )	/ 2 )
	=	-1.192	/	19.835
	=	-6.01 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

Oral Hammaslaakarit Oyj (LTS:0O9M) 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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Oral Hammaslaakarit Oyj (LTS:0O9M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Oral Hammaslaakarit Oyj (LTS:0O9M) » Definitions » ROCE %

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Address

Website

http://www.oral.fi

Oral Hammaslaakarit is a provider of dental care services. The company is comprised of more than 400 dental care professionals and operates clinics in various locations throughout Finland and Sweden. The company is headquartered in Espoo, Finland. it offers services including dental and oral examinations, tartar removal, tooth extractions, treatment of malocclusion, esthetic dental care such as whitening and crowns, dental implants, oral and maxillofacial surgery, dental x-ray examinations, treatment of gum diseases, children's dental care services, oral hygienist services, occupational dental care, and surgical services. Also, the company provides online booking services as well as on call dental services.

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