Kindred Healthcare (Kindred Healthcare) ROCE % : 8.14% (As of Mar. 2018)

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What is Kindred Healthcare 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. Kindred Healthcare's annualized ROCE % for the quarter that ended in Mar. 2018 was 8.14%.

Kindred Healthcare ROCE % Historical Data

The historical data trend for Kindred Healthcare'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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Kindred Healthcare ROCE % Chart

Kindred Healthcare Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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1.74

4.38

1.93

-0.93

-3.46

Kindred Healthcare Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
ROCE %	Get a 7-Day Free Trial															5.57	-5.09	3.46	-18.83	8.14

Kindred Healthcare ROCE % Calculation

Kindred Healthcare's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-162.906	/	( ( (6112.724 - 1005.728)	+	(5232.717 - 926.319) )	/ 2 )
	=	-162.906	/	( (5106.996	+	4306.398)	/ 2 )
	=	-162.906	/	4706.697
	=	-3.46 %

Kindred Healthcare's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2018 )		(Q: Dec. 2017 )		(Q: Mar. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2018 )		(Q: Dec. 2017 )		(Q: Mar. 2018 )
	=	354.268	/	( ( (5232.717 - 926.319)	+	(5206.363 - 808.69) )	/ 2 )
	=	354.268	/	( ( 4306.398	+	4397.673 )	/ 2 )
	=	354.268	/	4352.0355
	=	8.14 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

Kindred Healthcare (NYSE:KND) 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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Kindred Healthcare (Kindred Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kindred Healthcare Inc (NYSE:KND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.kindredhealthcare.com

Kindred Healthcare Inc is a healthcare-services company in the United States that operates in four divisions: hospitals, Kindred at Home, Kindred Rehabilitation Services, and nursing centers. The hospital division provides long-term acute-care services through a network of transitional-care hospitals. The Kindred at Home division provides home health and hospice care for patients in their homes, nursing centers, and other residential settings. This segment contributes the majority of the firm's total revenue. The Rehabilitation Services division provides physical and occupational therapy to residents of nursing centers, hospitals, outpatient clinics, and assisted living facilities. Kindred's nursing center division operates nursing centers and assisted-care facilities.

Executives

Heyward R Donigan	director	452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451
Phyllis R Yale	director
Paul J Diaz	director	680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Joel Ackerman	director	COVENTRY HEALTH CARE, INC., 6705 ROCKLEDGE DR SUITE 900, BETHESDA MD 20817
Richard Goodman	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Christopher T Hjelm	director	C/O THE KROGER CO., 1014 VINE ST., CINCINNATI OH 45202
Stephen D Farber	officer: EVP & Chief Financial Officer	680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Jonathan David Blum	director	C/O YUM BRANDS INC, 1441 GARDINER LANE, LOUISVILLE KY 40213
Lynn T Simon	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Fred J Kleisner	director	C/O MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Sharad Mansukani	director	C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Thomas P Cooper	director	PO BOX 3335, SANTA FE CA 92067
John H Short	director	7733 FORSYTH BLVD.,, SUITE 2300, ST. LOUIS MO 63105
Edward L Kuntz	director, other: Chairman of the Board
Richard A Lechleiter	officer: Executive VP and CFO	PO BOX 32890, LOUISVILLE KY 40232-2890