Quantum Healthcare (Quantum Healthcare) ROCE % : 0.00% (As of Dec. 2023)

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

Quantum Healthcare ROCE % Historical Data

The historical data trend for Quantum 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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Quantum Healthcare ROCE % Chart

Quantum Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-71.02

-155.47

-383.33

-64.64

Quantum Healthcare Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Quantum Healthcare ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-2.095	/	( ( (10.686 - 5.797)	+	(9.782 - 8.189) )	/ 2 )
	=	-2.095	/	( (4.889	+	1.593)	/ 2 )
	=	-2.095	/	3.241
	=	-64.64 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (10.201 - 7.601)	+	(9.782 - 8.189) )	/ 2 )
	=	0	/	( ( 2.6	+	1.593 )	/ 2 )
	=	0	/	2.0965
	=	0.00 %

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

Quantum Healthcare (OTCPK:QTHLF) 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.

Quantum Healthcare ROCE % Related Terms

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Quantum Healthcare (Quantum Healthcare) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Quantum Healthcare Ltd (OTCPK:QTHLF) » Definitions » ROCE %

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V8Y:Singapore

Address

8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.quantumhealthcare.com.sg

Quantum Healthcare Ltd formerly QT Vascular Ltd engages in the development and distribution of therapeutic solutions for the treatment of vascular diseases. It designs, assembles, and distributes therapeutic solutions for the minimally invasive treatment of complex vascular diseases. Healthcare Business also includes the provision of dental services, and operations management and consultancy services, Medical Equipment Business includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.

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