Cengild Medical Bhd (XKLS:0243) ROCE % : 14.87% (As of Mar. 2024)

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What is Cengild Medical 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. Cengild Medical Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.87%.

Cengild Medical Bhd ROCE % Historical Data

The historical data trend for Cengild Medical 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.

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Cengild Medical Bhd ROCE % Chart

Cengild Medical Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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9.16

20.71

42.59

18.14

15.87

Cengild Medical Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										16.30	9.86	16.32	13.68	14.87

Cengild Medical Bhd ROCE % Calculation

Cengild Medical Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	18.108	/	( ( (119.544 - 11.661)	+	(131.729 - 11.395) )	/ 2 )
	=	18.108	/	( (107.883	+	120.334)	/ 2 )
	=	18.108	/	114.1085
	=	15.87 %

Cengild Medical Bhd'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 )
	=	18.3	/	( ( (137.033 - 13.788)	+	(136.543 - 13.615) )	/ 2 )
	=	18.3	/	( ( 123.245	+	122.928 )	/ 2 )
	=	18.3	/	123.0865
	=	14.87 %

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

Cengild Medical Bhd (XKLS:0243) 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.

Cengild Medical Bhd ROCE % Related Terms

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Cengild Medical Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cengild Medical Bhd (XKLS:0243) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Jalan Kerinchi, Unit 2-3 & 2-4, Level 2, Nexus, Bangsar South, Kuala Lumpur, MYS, 59200

Website

https://www.cengild.com

Cengild Medical Bhd is a healthcare service provider operating a medical centre specialising in the diagnosis and treatment of gastrointestinal related oncology and gynaecology services., liver diseases and obesity. The company operates in Malaysia and has two reportable segments, Consultant Services and Medical Management Services. A substantial portion of the overall revenue is generated from its Medical Management Services segment.

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