Omni Health (Omni Health) ROCE % : -5.18% (As of Jan. 2017)

View and export this data going back to 2015. Start your Free Trial

What is Omni Health 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. Omni Health's annualized ROCE % for the quarter that ended in Jan. 2017 was -5.18%.

Omni Health ROCE % Historical Data

The historical data trend for Omni Health'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.

* Premium members only.

Omni Health ROCE % Chart

Omni Health Annual Data

Trend

Apr14

Apr15

Apr16

ROCE %

Omni Health Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
ROCE %	Get a 7-Day Free Trial							-	-	-5.07	3.58	-5.18

Omni Health ROCE % Calculation

Omni Health's annualized ROCE % for the fiscal year that ended in Apr. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2016 )		(A: Apr. 2015 )		(A: Apr. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2016 )		(A: Apr. 2015 )		(A: Apr. 2016 )
	=	-0.534	/	( ( (0.101 - 0.139)	+	(0.058 - 0.188) )	/ 2 )
	=	-0.534	/	( (-0.038	+	-0.13)	/ 2 )
	=	-0.534	/	-0.084
	=	635.71 %

Omni Health's ROCE % of for the quarter that ended in Jan. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2017 )		(Q: Oct. 2016 )		(Q: Jan. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2017 )		(Q: Oct. 2016 )		(Q: Jan. 2017 )
	=	-0.2	/	( ( (4.967 - 1.069)	+	(5.015 - 1.197) )	/ 2 )
	=	-0.2	/	( ( 3.898	+	3.818 )	/ 2 )
	=	-0.2	/	3.858
	=	-5.18 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2017) EBIT data.

Omni Health (OTCPK:OMHE) 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.

Omni Health ROCE % Related Terms

Thank you for viewing the detailed overview of Omni Health's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Omni Health (Omni Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Omni Health Inc (OTCPK:OMHE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5966 West 16th Avenue, Miami Beach, FL, USA, 33012

Website

https://www.omnihealth.md

Omni Health Inc operates a pharmacy in Miami Beach, Florida. The company operates through its subsidiary as a vertically integrated company focused on healthcare and operating in the lucrative pharmaceutical, medical and wellness industries.

Omni Health (Omni Health) Headlines

From GuruFocus

Omni Health, Inc. Highlights Recent Accomplishments and Upcoming Milestones Through Shareholder Letter

By Marketwired Marketwired • 05-21-2018

Omni Health Announces Upcoming Strategic Acquisitions and Improving its Balance Sheet

By ACCESSWIRE AccessWire • 04-12-2019