VTHPF (Vital Healthcare Property Trust) ROCE % : 2.32% (As of Jun. 2024)

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What is Vital Healthcare Property Trust 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. Vital Healthcare Property Trust's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.32%.

Vital Healthcare Property Trust ROCE % Historical Data

The historical data trend for Vital Healthcare Property Trust'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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Vital Healthcare Property Trust ROCE % Chart

Vital Healthcare Property Trust Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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5.05

16.21

12.73

-2.84

-1.96

Vital Healthcare Property Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															11.45	-0.03	-5.71	-6.28	2.32

Vital Healthcare Property Trust ROCE % Calculation

Vital Healthcare Property Trust's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-39.872	/	( ( (2104.118 - 31.855)	+	(2028.704 - 25.51) )	/ 2 )
	=	-39.872	/	( (2072.263	+	2003.194)	/ 2 )
	=	-39.872	/	2037.7285
	=	-1.96 %

Vital Healthcare Property Trust's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	46.386	/	( ( (2034.691 - 32.687)	+	(2028.704 - 25.51) )	/ 2 )
	=	46.386	/	( ( 2002.004	+	2003.194 )	/ 2 )
	=	46.386	/	2002.599
	=	2.32 %

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

Vital Healthcare Property Trust (OTCPK:VTHPF) 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.

Vital Healthcare Property Trust ROCE % Related Terms

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Vital Healthcare Property Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vital Healthcare Property Trust (OTCPK:VTHPF) » Definitions » ROCE %

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VHP:New Zealand

Address

Level 17, HSBC Tower, 188 Quay Street, Auckland, NTL, NZL, 1010

Website

https://www.vitalhealthcareproperty.co.nz

Vital Healthcare Property Trust is a healthcare REIT. The vast majority of revenue is generated in Australia, followed by New Zealand. Most of the company's tenants are for-profit hospitals, followed by medical consultants and nonprofit hospitals. The company is focused on protecting the interests of investors and other stakeholders. The company considers merger and acquisition investment as a component of its operational growth strategy.

Vital Healthcare Property Trust Headlines

From GuruFocus

Half Year 2024 Vital Healthcare Property Trust Earnings Call Transcript

By GuruFocus Research • 02-15-2024