Andlauer Healthcare Group (TSX:AND) ROCE % : 17.98% (As of Sep. 2024)

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What is Andlauer Healthcare Group 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. Andlauer Healthcare Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.98%.

Andlauer Healthcare Group ROCE % Historical Data

The historical data trend for Andlauer Healthcare Group'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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Andlauer Healthcare Group ROCE % Chart

Andlauer Healthcare Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.65

28.35

30.24

18.74

15.94

Andlauer Healthcare Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															14.51	18.29	14.55	16.29	17.98

Andlauer Healthcare Group ROCE % Calculation

Andlauer Healthcare Group'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 )
	=	98.814	/	( ( (712.46 - 85.778)	+	(682.426 - 69.492) )	/ 2 )
	=	98.814	/	( (626.682	+	612.934)	/ 2 )
	=	98.814	/	619.808
	=	15.94 %

Andlauer Healthcare Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	97.772	/	( ( (657.783 - 113.492)	+	(649.919 - 106.943) )	/ 2 )
	=	97.772	/	( ( 544.291	+	542.976 )	/ 2 )
	=	97.772	/	543.6335
	=	17.98 %

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

Andlauer Healthcare Group (TSX:AND) 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.

Andlauer Healthcare Group ROCE % Related Terms

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Andlauer Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Andlauer Healthcare Group Inc (TSX:AND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3LT:Germany

Address

100 Vaughan Valley Boulevard, Vaughan, ON, CAN, L4H 3C5

Website

https://www.andlauerhealthcare.com

Andlauer Healthcare Group Inc is an investment holding company. It operates in two segments namely Specialized Transportation and Healthcare Logistics. The company generates maximum revenue from the Specialized Transportation segment. Its Specialized Transportation segment provides specialized temperature-controlled services to healthcare customers. The company's transportation products include ground transportation, air freight forwarding, and dedicated and last-mile delivery. The Healthcare Logistics segment provides contract logistics services for customers, including logistics and distribution, and packaging.

Andlauer Healthcare Group Headlines

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