HC Surgical Specialists (SGX:1B1) ROCE % : 42.89% (As of Nov. 2024)

View and export this data going back to 2016. Start your Free Trial

What is HC Surgical Specialists 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. HC Surgical Specialists's annualized ROCE % for the quarter that ended in Nov. 2024 was 42.89%.

HC Surgical Specialists ROCE % Historical Data

The historical data trend for HC Surgical Specialists'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.

HC Surgical Specialists ROCE % Chart

HC Surgical Specialists Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

ROCE %

Get a 7-Day Free Trial

23.86

38.36

30.53

19.56

28.12

HC Surgical Specialists Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
ROCE %	Get a 7-Day Free Trial															28.92	11.20	43.80	9.16	42.89

HC Surgical Specialists ROCE % Calculation

HC Surgical Specialists's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	5.222	/	( ( (31.263 - 11.425)	+	(27.844 - 10.541) )	/ 2 )
	=	5.222	/	( (19.838	+	17.303)	/ 2 )
	=	5.222	/	18.5705
	=	28.12 %

HC Surgical Specialists's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	8.002	/	( ( (27.844 - 10.541)	+	(25.214 - 5.2) )	/ 2 )
	=	8.002	/	( ( 17.303	+	20.014 )	/ 2 )
	=	8.002	/	18.6585
	=	42.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 2024) EBIT data.

HC Surgical Specialists (SGX:1B1) 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.

HC Surgical Specialists ROCE % Related Terms

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

HC Surgical Specialists Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » HC Surgical Specialists Ltd (SGX:1B1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

233 River Valley Road, No. B1-04/05 RV Point, Singapore, SGP, 238291

Website

https://www.hcsurgicalspecialists.com

HC Surgical Specialists Ltd is a medical services group. The company is engaged in providing endoscopic procedures, including gastroscopies and colonoscopies, and general surgery services. The operating segment of the company is the healthcare segment. Geographically, it operates only in Singapore. The company has its facilities center and clinics at various places in Singapore.

HC Surgical Specialists Headlines

No Headlines