Clinica Las Condes (XSGO:LAS CONDES) ROCE % : -0.25% (As of Mar. 2024)

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What is Clinica Las Condes 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. Clinica Las Condes's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.25%.

Clinica Las Condes ROCE % Historical Data

The historical data trend for Clinica Las Condes'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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Clinica Las Condes ROCE % Chart

Clinica Las Condes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.67

-0.85

5.96

1.22

-0.40

Clinica Las Condes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.73	-0.37	-1.56	4.05	-0.25

Clinica Las Condes ROCE % Calculation

Clinica Las Condes'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 )
	=	-1903.174	/	( ( (584084.045 - 107798.158)	+	(562519.196 - 91925.467) )	/ 2 )
	=	-1903.174	/	( (476285.887	+	470593.729)	/ 2 )
	=	-1903.174	/	473439.808
	=	-0.40 %

Clinica Las Condes'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 )
	=	-1160.644	/	( ( (562519.196 - 91925.467)	+	(557193.475 - 88657.6) )	/ 2 )
	=	-1160.644	/	( ( 470593.729	+	468535.875 )	/ 2 )
	=	-1160.644	/	469564.802
	=	-0.25 %

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

Clinica Las Condes (XSGO:LAS CONDES) 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.

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Clinica Las Condes (XSGO:LAS CONDES) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Clinica Las Condes SA (XSGO:LAS CONDES) » Definitions » ROCE %

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Address

Estoril 450, Las Condes, Santiago, CHL

Website

http://www.clinicalascondes.cl

Clinica Las Condes SA provides clinical medical services. It specializes in pathology, nuclear medicine, physiotherapy, blood bank, clinical laboratory, imaging (radiology), and radiotherapy services. It provides hospital and outpatient services. It also provides medical and surgical hospitalization, units of intensive and intermediate care; of adults, pediatric and neonatology, pavilionssurgical, post-operative recovery, radiology, tomographycomputerized, magnetic resonance, nuclear medicine, ecotomography,hemodialysis services.

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