ISEC Healthcare (SGX:40T) ROCE % : 18.47% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is ISEC 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. ISEC Healthcare's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.47%.

ISEC Healthcare ROCE % Historical Data

The historical data trend for ISEC 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.

* Premium members only.

ISEC Healthcare ROCE % Chart

ISEC Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.91

9.40

12.11

20.23

19.23

ISEC Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															19.08	17.16	22.64	19.01	18.47

ISEC Healthcare ROCE % Calculation

ISEC 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 )
	=	17.965	/	( ( (110.295 - 16.096)	+	(107.107 - 14.469) )	/ 2 )
	=	17.965	/	( (94.199	+	92.638)	/ 2 )
	=	17.965	/	93.4185
	=	19.23 %

ISEC Healthcare's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	17.344	/	( ( (107.107 - 14.469)	+	(109.397 - 14.2) )	/ 2 )
	=	17.344	/	( ( 92.638	+	95.197 )	/ 2 )
	=	17.344	/	93.9175
	=	18.47 %

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

ISEC Healthcare (SGX:40T) 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.

ISEC Healthcare ROCE % Related Terms

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

ISEC Healthcare (SGX:40T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ISEC Healthcare Ltd (SGX:40T) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Goldhill Plaza, No. 10-07/08, Singapore, SGP, 308900

Website

https://www.isechealthcare.com

ISEC Healthcare Ltd is a Singapore based company engaged in providing medical eye care services through its subsidiaries. It also provides ambulatory surgical centers. In addition, the group is also focused on offering general medical services and aesthetic treatment services. The company has two reportable segments, namely Specialized health services, which include the provision of medical care, consultancy, treatment and surgery in the field of ophthalmology; and General health services which includes the provision of general medical and procedural treatment services It generates maximum revenue from the specialized health services segment. The firm operates in Singapore and Malaysia, of which key revenue is derived from Malaysia.

ISEC Healthcare (SGX:40T) Headlines

No Headlines