Rhoen Klinikum AG (XTER:RHK) ROCE % : 5.80% (As of Dec. 2023)

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What is Rhoen Klinikum AG 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. Rhoen Klinikum AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.80%.

Rhoen Klinikum AG ROCE % Historical Data

The historical data trend for Rhoen Klinikum AG'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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Rhoen Klinikum AG ROCE % Chart

Rhoen Klinikum AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.33

0.83

2.22

2.69

3.61

Rhoen Klinikum AG 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															3.72	2.16	2.35	4.17	5.80

Rhoen Klinikum AG ROCE % Calculation

Rhoen Klinikum AG'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 )
	=	51.429	/	( ( (1704.944 - 291.083)	+	(1770.524 - 335.473) )	/ 2 )
	=	51.429	/	( (1413.861	+	1435.051)	/ 2 )
	=	51.429	/	1424.456
	=	3.61 %

Rhoen Klinikum AG'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 )
	=	82.88	/	( ( (1758.294 - 335.847)	+	(1770.524 - 335.473) )	/ 2 )
	=	82.88	/	( ( 1422.447	+	1435.051 )	/ 2 )
	=	82.88	/	1428.749
	=	5.80 %

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

Rhoen Klinikum AG (XTER:RHK) 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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Rhoen Klinikum AG (XTER:RHK) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rhoen Klinikum AG (XTER:RHK) » Definitions » ROCE %

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Traded in Other Exchanges

RKAGY:USA RHKJF:USA 0NQH:UK RHK:Austria

Address

Salzburger Leite 1, Bad Neustadt a. d. Saale, DEU, 97616

Website

https://www.rhoen-klinikum-ag.com

Rhoen Klinikum AG provides medical care focused in five key areas: cardiovascular medicine, neuromedicine, oncology, pulmonary diseases, and orthopedic and trauma surgery. The firm operates in three business areas: acute hospitals, medical care centers, and rehabilitation hospitals. The acute hospitals business contributes to the vast majority of the firm's overall revenue. The majority of patients at the firm's acute hospitals and medical care centers are treated on an outpatient basis. Rhoen Klinikum generates the entirety of its revenue in Germany, with the Bavaria and Hesse regions contributing the largest proportions of revenue.

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