Chartwell Retirement Residences (TSX:CSH.UN) ROCE % : 0.60% (As of Dec. 2023)

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What is Chartwell Retirement Residences 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. Chartwell Retirement Residences's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.60%.

Chartwell Retirement Residences ROCE % Historical Data

The historical data trend for Chartwell Retirement Residences'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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Chartwell Retirement Residences ROCE % Chart

Chartwell Retirement Residences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.15

3.27

2.75

4.29

1.06

Chartwell Retirement Residences 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															11.20	0.22	1.17	2.56	0.60

Chartwell Retirement Residences ROCE % Calculation

Chartwell Retirement Residences'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 )
	=	27.793	/	( ( (3510.342 - 744.634)	+	(3234.076 - 760.77) )	/ 2 )
	=	27.793	/	( (2765.708	+	2473.306)	/ 2 )
	=	27.793	/	2619.507
	=	1.06 %

Chartwell Retirement Residences'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 )
	=	14.476	/	( ( (3259.962 - 891.849)	+	(3234.076 - 760.77) )	/ 2 )
	=	14.476	/	( ( 2368.113	+	2473.306 )	/ 2 )
	=	14.476	/	2420.7095
	=	0.60 %

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

Chartwell Retirement Residences (TSX:CSH.UN) 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.

Chartwell Retirement Residences ROCE % Related Terms

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Chartwell Retirement Residences (TSX:CSH.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chartwell Retirement Residences (TSX:CSH.UN) » Definitions » ROCE %

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CWSRF:USA 6QD:Germany

Address

7070 Derrycrest Drive, Mississauga, ON, CAN, L5W 0G5

Website

https://www.chartwell.com

Chartwell Retirement Residences is an unincorporated open-ended real estate trust that is engaged in the ownership, operations, and management of retirement residences and long-term care homes in Canada. The company has two operating segments; The Retirement Operations segment includes retirement residences that the company owns and operates in Canada. The retirement residences provide services to residents at rates set by Chartwell based on the services provided and market conditions, and The Long-Term Care Operations segment consists of long-term care homes in Ontario, one of which has an adjacent retirement residence and Admission and funding for the long-term care homes is overseen by local government agencies in each province.

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