UniDoc Health (XCNQ:UDOC) ROCE % : -17,588.57% (As of Dec. 2024)

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What is UniDoc Health 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. UniDoc Health's annualized ROCE % for the quarter that ended in Dec. 2024 was -17,588.57%.

UniDoc Health ROCE % Historical Data

The historical data trend for UniDoc Health'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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UniDoc Health ROCE % Chart

UniDoc Health Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-1,605.88

UniDoc Health Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										-	-	-	-	-17,588.57

UniDoc Health ROCE % Calculation

UniDoc Health's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-2.251	/	( ( (0.32 - 1.167)	+	(0.517 - 2.367) )	/ 2 )
	=	-2.251	/	( (-0.847	+	-1.85)	/ 2 )
	=	-2.251	/	-1.3485
	=	166.93 %

UniDoc Health'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 )
	=	-6.156	/	( ( (0.508 - 2.043)	+	(3.161 - 1.556) )	/ 2 )
	=	-6.156	/	( ( -1.535	+	1.605 )	/ 2 )
	=	-6.156	/	0.035
	=	-17,588.57 %

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

UniDoc Health (XCNQ:UDOC) 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.

UniDoc Health ROCE % Related Terms

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UniDoc Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » UniDoc Health Corp (XCNQ:UDOC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UDOCF:USA L7T:Germany

Address

220-333 Terminal Avenue, Vancouver, BC, CAN, V6A 4C1

Website

https://www.unidoctor.com

UniDoc Health Corp operates in the healthcare services industry and plans to operate telehealth units which contain fully integrated diagnostic tools and will provide patients with the ability to have a live virtual visit with a doctor or other health professional. The company operates in USA, Canada and United Arab Emirates.

Executives

Matthew Chatterton	Director
Franco Staino	Director

UniDoc Health Headlines

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