Medical Facilities (TSX:DR) ROCE % : 3.35% (As of Dec. 2024)

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What is Medical Facilities 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. Medical Facilities's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.35%.

Medical Facilities ROCE % Historical Data

The historical data trend for Medical Facilities'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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Medical Facilities ROCE % Chart

Medical Facilities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.94

21.45

9.66

17.97

24.62

Medical Facilities 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															11.30	26.47	28.09	39.51	3.35

Medical Facilities ROCE % Calculation

Medical Facilities'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 )
	=	90.045	/	( ( (476.114 - 111.3)	+	(493.365 - 126.726) )	/ 2 )
	=	90.045	/	( (364.814	+	366.639)	/ 2 )
	=	90.045	/	365.7265
	=	24.62 %

Medical Facilities'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 )
	=	11.98	/	( ( (449.02 - 100.666)	+	(493.365 - 126.726) )	/ 2 )
	=	11.98	/	( ( 348.354	+	366.639 )	/ 2 )
	=	11.98	/	357.4965
	=	3.35 %

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

Medical Facilities (TSX:DR) 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.

Medical Facilities ROCE % Related Terms

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Medical Facilities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical Facilities Corp (TSX:DR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MFCSF:USA 31F:Germany

Address

4576 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6N4

Website

https://www.medicalfacilitiescorp.ca

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, pain management procedures, and other ancillary services. The company's key revenue source is generated from the facility service income. The corporation's operations are based in the United States.

Executives

David Nathaniel Tait Watson	Senior Officer
Yanick Blanchard	Director
Lew Wayne Papendick	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Robert Oreon Horrar	Director, Senior Officer
James Davis Rolfe	Senior Officer
John Schario	Senior Officer

Medical Facilities Headlines

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