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GPT Healthcare (NSE:GPTHEALTH) ROCE % : 0.00% (As of Sep. 2023)


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What is GPT Healthcare 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. GPT Healthcare's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.


GPT Healthcare ROCE % Historical Data

The historical data trend for GPT Healthcare'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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GPT Healthcare ROCE % Chart

GPT Healthcare Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
16.19 25.11 25.78

GPT Healthcare Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
ROCE % - - - - -

GPT Healthcare ROCE % Calculation

GPT Healthcare's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=644.12/( ( (3232.24 - 684.76) + (3267.55 - 818.44) )/ 2 )
=644.12/( (2547.48+2449.11)/ 2 )
=644.12/2498.295
=25.78 %

GPT Healthcare's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=0/( ( (3267.55 - 818.44) + (3320.94 - 847.69) )/ 2 )
=0/( ( 2449.11 + 2473.25 )/ 2 )
=0/2461.18
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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.


GPT Healthcare  (NSE:GPTHEALTH) 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.


GPT Healthcare ROCE % Related Terms

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GPT Healthcare (NSE:GPTHEALTH) Business Description

Comparable Companies
Traded in Other Exchanges
Address
GPT Centre, JC-25, Sector III, Salt Lake, Kolkata, WB, IND, 700106
GPT Healthcare Ltd is engaged in healthcare sector. It operates a chain of mid-sized full service hospitals under the ILS brand and provide integrated healthcare services, with a focus on secondary and tertiary care and operates four multispecialty hospitals in Dum Dum, Salt Lake and Howrah in West Bengal and Agartala in Tripura with a total capacity of 561 beds. It offers a comprehensive range of healthcare services across over 35 specialties and super specialties, including internal medicine and diabetology, nephrology (including renal transplants), laparoscopic and general surgery, gynaecology and obstetrics, critical care, gastroenterology, orthopaedics and joint replacements, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology.

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