Hextar Healthcare Bhd (XKLS:7803) ROCE % : -39.94% (As of Dec. 2023)

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What is Hextar 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. Hextar Healthcare Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -39.94%.

Hextar Healthcare Bhd ROCE % Historical Data

The historical data trend for Hextar 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.

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Hextar Healthcare Bhd ROCE % Chart

Hextar Healthcare Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.11

54.14

46.97

-10.17

-12.53

Hextar 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															-41.58	-1.43	-3.75	-5.39	-39.94

Hextar Healthcare Bhd ROCE % Calculation

Hextar Healthcare Bhd'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 )
	=	-73.141	/	( ( (692.142 - 72.766)	+	(578.318 - 30.648) )	/ 2 )
	=	-73.141	/	( (619.376	+	547.67)	/ 2 )
	=	-73.141	/	583.523
	=	-12.53 %

Hextar 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 )
	=	-228.556	/	( ( (629.625 - 32.795)	+	(578.318 - 30.648) )	/ 2 )
	=	-228.556	/	( ( 596.83	+	547.67 )	/ 2 )
	=	-228.556	/	572.25
	=	-39.94 %

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

Hextar Healthcare Bhd (XKLS:7803) 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.

Hextar Healthcare Bhd ROCE % Related Terms

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Hextar Healthcare Bhd (XKLS:7803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hextar Healthcare Bhd (XKLS:7803) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Bercham, Lot 138201, Off 3/4 Mile, Kawasan Perindustrian Bercham, Ipoh, PRK, MYS, 31400

Website

https://www.rubberex.com.my

Hextar Healthcare Bhd, formerly Rubberex Corp (M) Bhd is principally involved in an investment holding. Through its subsidiaries, it manufactures and sells rubber gloves. The company offers a wide range of industrial and safety gloves, household rubber gloves, and disposable vinyl and nitrile gloves. The company operates in three different segments namely Gloves operation Medical devices operation and Investment holding. It has operations in Malaysia and Europe.

Hextar Healthcare Bhd (XKLS:7803) Headlines

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