LNAnte (XPAR:LNA) ROCE % : 5.93% (As of Jun. 2024)

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What is LNAnte 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. LNAnte's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.93%.

LNAnte ROCE % Historical Data

The historical data trend for LNAnte'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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LNAnte ROCE % Chart

LNAnte Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.30

4.24

5.87

6.43

5.95

LNAnte Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															6.30	6.31	5.82	5.71	5.93

LNAnte ROCE % Calculation

LNAnte'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 )
	=	64.586	/	( ( (1513.095 - 496.488)	+	(1507.135 - 353.967) )	/ 2 )
	=	64.586	/	( (1016.607	+	1153.168)	/ 2 )
	=	64.586	/	1084.8875
	=	5.95 %

LNAnte's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	67.888	/	( ( (1507.135 - 353.967)	+	(1542.2 - 406.858) )	/ 2 )
	=	67.888	/	( ( 1153.168	+	1135.342 )	/ 2 )
	=	67.888	/	1144.255
	=	5.93 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

LNAnte (XPAR:LNA) 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.

LNAnte ROCE % Related Terms

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LNAnte Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LNA Sante SA (XPAR:LNA) » Definitions » ROCE %

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Traded in Other Exchanges

0OR2:UK 2N3:Germany

Address

6 rue des Saumonières, Nantes, FRA, 44323

Website

https://www.lna-sante.com

LNA Sante SA is engaged in the management and operation of retirement homes, nursing homes, follow-up care clinics, rehabilitation centers, centers for the disabled and handicapped ageing.

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