GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kontigo Care AB (OSTO:KONT) » Definitions » ROCE %

Kontigo Care AB (OSTO:KONT) ROCE % : -4.61% (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Kontigo Care AB 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. Kontigo Care AB's annualized ROCE % for the quarter that ended in Dec. 2024 was -4.61%.


Kontigo Care AB ROCE % Historical Data

The historical data trend for Kontigo Care AB'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.

Kontigo Care AB ROCE % Chart

Kontigo Care AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.51 -6.43 14.57 1.81 1.98

Kontigo Care AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.57 2.36 5.29 6.55 -4.61

Kontigo Care AB ROCE % Calculation

Kontigo Care AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=0.874/( ( (49.77 - 15.377) + (67.737 - 13.962) )/ 2 )
=0.874/( (34.393+53.775)/ 2 )
=0.874/44.084
=1.98 %

Kontigo Care AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-2.26/( ( (56.245 - 11.996) + (67.737 - 13.962) )/ 2 )
=-2.26/( ( 44.249 + 53.775 )/ 2 )
=-2.26/49.012
=-4.61 %

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


Kontigo Care AB  (OSTO:KONT) 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.


Kontigo Care AB ROCE % Related Terms

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


Kontigo Care AB Business Description

Traded in Other Exchanges
N/A
Address
Pavel Snickares Grand 12, Uppsala, SWE
Kontigo Care AB is a Sweden based company involved in offering a cloud-based platform with artificial intelligence (AI) and predictive capabilities. Its Kontigo Care platform has predictive capabilities, which means that a relapse can be identified early and, in some cases, completely prevented.

Kontigo Care AB Headlines

No Headlines