Oceania Healthcare (NZSE:OCA) 1-Year ROIIC % : -0.27% (As of Sep. 2023)

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What is Oceania Healthcare 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Oceania Healthcare's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was -0.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Oceania Healthcare's 1-Year ROIIC % or its related term are showing as below:

NZSE:OCA's 1-Year ROIIC % is ranked worse than
54.17% of 611 companies
in the Healthcare Providers & Services industry
Industry Median: 2.95 vs NZSE:OCA: -0.27

Oceania Healthcare 1-Year ROIIC % Historical Data

The historical data trend for Oceania Healthcare's 1-Year ROIIC % 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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Oceania Healthcare 1-Year ROIIC % Chart

Oceania Healthcare Annual Data

Trend

May17

May18

May19

May20

Mar22

Mar23

1-Year ROIIC %

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12.07

-7.51

-13.31

0.84

1.53

Oceania Healthcare Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	Sep21	Mar22	Sep22	Mar23	Sep23
1-Year ROIIC %	Get a 7-Day Free Trial								3.54	0.84	1.41	1.53	-0.27

Competitive Comparison of Oceania Healthcare's 1-Year ROIIC %

For the Medical Care Facilities subindustry, Oceania Healthcare's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Oceania Healthcare's 1-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oceania Healthcare's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Oceania Healthcare's 1-Year ROIIC % falls into.

Oceania Healthcare 1-Year ROIIC % Calculation

Oceania Healthcare's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( -3.8672 (Sep. 2023) - -3.1251 (Sep. 2022) )	/	( 3490.645 (Sep. 2023) - 3219.795 (Sep. 2022) )
	=	-0.7421	/	270.85
	=	-0.27%^***

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Oceania Healthcare (NZSE:OCA) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Oceania Healthcare 1-Year ROIIC % Related Terms

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Oceania Healthcare (NZSE:OCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oceania Healthcare Ltd (NZSE:OCA) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

OCA:Australia

Address

80 Queen Street, Level 11, Deloitte Building, Auckland, NTL, NZL, 1010

Website

https://www.oceaniahealthcare.co.nz

Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and Other segments. It generates maximum revenue from the care operations segment which includes traditional care beds and care suites as well as provision of accommodation, care and care packages, meals, and related services to aged care residents. Geographically it operates through New Zealand. The company derives revenue from Rest home, hospital, dementia fees, Village service fees, Rental income, and others.