Onyx Healthcare (ROCO:6569) ROCE % : 18.38% (As of Dec. 2024)

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What is Onyx 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. Onyx Healthcare's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.38%.

Onyx Healthcare ROCE % Historical Data

The historical data trend for Onyx 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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Onyx Healthcare ROCE % Chart

Onyx Healthcare Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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18.43

11.97

16.83

18.21

12.01

Onyx Healthcare 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															20.15	13.02	9.64	7.44	18.38

Onyx Healthcare ROCE % Calculation

Onyx Healthcare'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 )
	=	210.766	/	( ( (2048.208 - 305.151)	+	(2106.193 - 338.864) )	/ 2 )
	=	210.766	/	( (1743.057	+	1767.329)	/ 2 )
	=	210.766	/	1755.193
	=	12.01 %

Onyx Healthcare'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 )
	=	318.564	/	( ( (2094.093 - 394.554)	+	(2106.193 - 338.864) )	/ 2 )
	=	318.564	/	( ( 1699.539	+	1767.329 )	/ 2 )
	=	318.564	/	1733.434
	=	18.38 %

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

Onyx Healthcare (ROCO:6569) 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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Onyx Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Onyx Healthcare Inc (ROCO:6569) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Baoqiao Road, No. 135, Lane 235, 2nd Floor, Xindian District, New Taipei, TWN, 231

Website

https://www.onyx-healthcare.com

Onyx Healthcare Inc is engaged in designing, manufacturing, and trading of medical computers and its peripherals. The company provides medical products such as AI Ready Medical PC and Tablet, Medical PC & Monitor for Digital OR (ACCEL), Telemedicine, Medical Cart Computer(Venus), Medical Power Panel PC (Mini Venus), Power Bank (UPower), Battery Management System (ORION), Mobile Medical Tablet (MD), Professional Medical All in One PC (ZEUS), etc. It operates in Taiwan , USA and Other countries and generates maximum revenue from Tsaiwan.

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