Centrum Medyczne ENEL-MED (WAR:ENE) ROCE % : 4.81% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Centrum Medyczne ENEL-MED 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. Centrum Medyczne ENEL-MED's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.81%.

Centrum Medyczne ENEL-MED ROCE % Historical Data

The historical data trend for Centrum Medyczne ENEL-MED'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.

Centrum Medyczne ENEL-MED ROCE % Chart

Centrum Medyczne ENEL-MED Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

2.59

0.97

1.65

-6.54

5.90

Centrum Medyczne ENEL-MED 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															-6.38	17.87	5.26	15.76	4.81

Centrum Medyczne ENEL-MED ROCE % Calculation

Centrum Medyczne ENEL-MED'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 )
	=	19.712	/	( ( (432.151 - 104.473)	+	(476.018 - 135.775) )	/ 2 )
	=	19.712	/	( (327.678	+	340.243)	/ 2 )
	=	19.712	/	333.9605
	=	5.90 %

Centrum Medyczne ENEL-MED'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 )
	=	16.64	/	( ( (476.018 - 135.775)	+	(496.484 - 144.234) )	/ 2 )
	=	16.64	/	( ( 340.243	+	352.25 )	/ 2 )
	=	16.64	/	346.2465
	=	4.81 %

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

Centrum Medyczne ENEL-MED (WAR:ENE) 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.

Centrum Medyczne ENEL-MED ROCE % Related Terms

Thank you for viewing the detailed overview of Centrum Medyczne ENEL-MED's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Centrum Medyczne ENEL-MED (WAR:ENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Centrum Medyczne ENEL-MED SA (WAR:ENE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. S?omi?skiego 19 lok. 524, Warsaw, POL, 00-195

Website

http://www.enel.pl

Centrum Medyczne ENEL-MED SA is engaged in providing medical services throughout Poland region. The company is involved in providing various services that are dentistry, picture diagnosis, clinics, subscription for companies, and medical insurance. It also provides hospitals, aesthetic medicines, and sports medicine. The company's treatment cycle consists of consultation, diagnosis, hospitalization, surgery, and rehabilitation.

Centrum Medyczne ENEL-MED (WAR:ENE) Headlines

No Headlines