Oncoclinicas Do Brasil Servicos Medicos (BSP:ONCO3) ROCE % : 14.68% (As of Dec. 2023)

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What is Oncoclinicas Do Brasil Servicos Medicos 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. Oncoclinicas Do Brasil Servicos Medicos's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.68%.

Oncoclinicas Do Brasil Servicos Medicos ROCE % Historical Data

The historical data trend for Oncoclinicas Do Brasil Servicos Medicos'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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Oncoclinicas Do Brasil Servicos Medicos ROCE % Chart

Oncoclinicas Do Brasil Servicos Medicos Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.64

2.33

6.01

9.27

12.59

Oncoclinicas Do Brasil Servicos Medicos Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												11.25	13.41	12.44	10.32	14.68

Oncoclinicas Do Brasil Servicos Medicos ROCE % Calculation

Oncoclinicas Do Brasil Servicos Medicos'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 )
	=	862.306	/	( ( (8219.779 - 1883.279)	+	(9181.154 - 1816.458) )	/ 2 )
	=	862.306	/	( (6336.5	+	7364.696)	/ 2 )
	=	862.306	/	6850.598
	=	12.59 %

Oncoclinicas Do Brasil Servicos Medicos'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 )
	=	1039.516	/	( ( (8609.701 - 1816.769)	+	(9181.154 - 1816.458) )	/ 2 )
	=	1039.516	/	( ( 6792.932	+	7364.696 )	/ 2 )
	=	1039.516	/	7078.814
	=	14.68 %

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

Oncoclinicas Do Brasil Servicos Medicos (BSP:ONCO3) 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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Oncoclinicas Do Brasil Servicos Medicos (BSP:ONCO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oncoclinicas Do Brasil Servicos Medicos SA (BSP:ONCO3) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Avenida Presidente Juscelino Kubitschek, No. 510, 2nd Floor, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-906

Website

https://ri.grupooncoclinicas.com

Oncoclinicas Do Brasil Servicos Medicos SA is engaged in the management and administration of oncological services. It has specialists in the areas of oncology, radiotherapy, hematology and bone marrow transplantation, complementary care.

Oncoclinicas Do Brasil Servicos Medicos (BSP:ONCO3) Headlines

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