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LYC Healthcare Bhd (XKLS:0075) ROCE % : 2.13% (As of Dec. 2023)


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What is LYC Healthcare Bhd 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. LYC Healthcare Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.13%.


LYC Healthcare Bhd ROCE % Historical Data

The historical data trend for LYC Healthcare Bhd'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.

LYC Healthcare Bhd ROCE % Chart

LYC Healthcare Bhd Annual Data
Trend Dec14 Dec15 Dec16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.54 -21.17 -8.85 5.48 -0.35

LYC Healthcare Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 -5.51 6.27 0.48 2.13

LYC Healthcare Bhd ROCE % Calculation

LYC Healthcare Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-0.593/( ( (183.181 - 20.398) + (215.736 - 36.882) )/ 2 )
=-0.593/( (162.783+178.854)/ 2 )
=-0.593/170.8185
=-0.35 %

LYC Healthcare Bhd's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=3.668/( ( (232.046 - 54.265) + (220.952 - 54.059) )/ 2 )
=3.668/( ( 177.781 + 166.893 )/ 2 )
=3.668/172.337
=2.13 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* 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.


LYC Healthcare Bhd  (XKLS:0075) 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.


LYC Healthcare Bhd ROCE % Related Terms

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LYC Healthcare Bhd (XKLS:0075) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Tun Mohd Fuad, 2nd and 3rd Floor, Podium Block, Plaza VADS, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
LYC Healthcare Bhd is an investment holding company. The company's operating segment includes Healthcare Services; Computing and Electronic Services and Others. It generates maximum revenue from the Healthcare Services segment. The Healthcare Services segment involves the provision of mother and childcare-related services such as postnatal and postpartum care, post-delivery confinement care, and aesthetics, provision of senior nursing home care and related services, provision of healthcare-related services, provision of cosmetics-related services and medical aesthetic treatment and provision of child daycare services.

LYC Healthcare Bhd (XKLS:0075) Headlines

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