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Medical Care Service Company (NGO:2494) ROCE % : 8.52% (As of Feb. 2013)


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What is Medical Care Service Company 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. Medical Care Service Company's annualized ROCE % for the quarter that ended in Feb. 2013 was 8.52%.

Medical Care Service Company ROCE % Historical Data

The historical data trend for Medical Care Service Company'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.

Medical Care Service Company ROCE % Chart

Medical Care Service Company Annual Data
Trend Aug09 Aug10 Aug11
ROCE %
23.87 35.52 29.49

Medical Care Service Company Quarterly Data
Aug10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.25 32.41 14.66 15.29 8.52

Medical Care Service Company ROCE % Calculation

Medical Care Service Company's annualized ROCE % for the fiscal year that ended in Aug. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2011 )  (A: Aug. 2010 )(A: Aug. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2011 )  (A: Aug. 2010 )(A: Aug. 2011 )
=908.497/( ( (4686.561 - 1983.368) + (5535.127 - 2076.872) )/ 2 )
=908.497/( (2703.193+3458.255)/ 2 )
=908.497/3080.724
=29.49 %

Medical Care Service Company's ROCE % of for the quarter that ended in Feb. 2013 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2013 )  (Q: Nov. 2012 )(Q: Feb. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2013 )  (Q: Nov. 2012 )(Q: Feb. 2013 )
=407.632/( ( (7141.927 - 2318.941) + (6996.024 - 2249.017) )/ 2 )
=407.632/( ( 4822.986 + 4747.007 )/ 2 )
=407.632/4784.9965
=8.52 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2013) 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.

Medical Care Service Company  (NGO:2494) 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.

Medical Care Service Company ROCE % Related Terms

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