Gravitas Education Holdings (Gravitas Education Holdings) ROCE % : 0.00% (As of Jun. 2023)

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What is Gravitas Education Holdings 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. Gravitas Education Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Gravitas Education Holdings ROCE % Historical Data

The historical data trend for Gravitas Education Holdings'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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Gravitas Education Holdings ROCE % Chart

Gravitas Education Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-1.75

0.39

-8.29

-9.55

-9.84

Gravitas Education Holdings Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-5.76	-43.77	-	-	-

Gravitas Education Holdings ROCE % Calculation

Gravitas Education Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-10.293	/	( ( (283.076 - 122.358)	+	(80.673 - 32.233) )	/ 2 )
	=	-10.293	/	( (160.718	+	48.44)	/ 2 )
	=	-10.293	/	104.579
	=	-9.84 %

Gravitas Education Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	0	/	( ( (80.673 - 32.233)	+	(70.075 - 29.026) )	/ 2 )
	=	0	/	( ( 48.44	+	41.049 )	/ 2 )
	=	0	/	44.7445
	=	0.00 %

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

Gravitas Education Holdings (NYSE:GEHI) 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.

Gravitas Education Holdings ROCE % Related Terms

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Gravitas Education Holdings (Gravitas Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gravitas Education Holdings Inc (NYSE:GEHI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fangguyuan Section 1, 3rd Floor, No. 28 Building, Fangzhuang Fengtai District, Beijing, CHN, 100078

Website

https://ir.geh.com.cn

Gravitas Education Holdings Inc is an early childhood education services provider in China. The company offers early childhood education solutions to children by providing kindergarten services and play-and-learn center services, as well as at-home education products. The company has four operating segments, including PRC kindergartens, PRC play-and-learn centers, Singapore kindergartens, student care centers and others, and others. It derives a majority of its revenue from Singapore.