Rede d oro Luiz (BSP:RDOR3) ROCE % : 7.66% (As of Dec. 2023)

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What is Rede d oro Luiz 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. Rede d oro Luiz's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.66%.

Rede d oro Luiz ROCE % Historical Data

The historical data trend for Rede d oro Luiz'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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Rede d oro Luiz ROCE % Chart

Rede d oro Luiz Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.99

5.55

8.81

7.86

8.85

Rede d oro Luiz 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															7.46	9.15	20.40	17.21	7.66

Rede d oro Luiz ROCE % Calculation

Rede d oro Luiz'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 )
	=	6550.668	/	( ( (86678.327 - 14751.327)	+	(90342.356 - 14237.547) )	/ 2 )
	=	6550.668	/	( (71927	+	76104.809)	/ 2 )
	=	6550.668	/	74015.9045
	=	8.85 %

Rede d oro Luiz'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 )
	=	5956.824	/	( ( (95912.257 - 16552.575)	+	(90342.356 - 14237.547) )	/ 2 )
	=	5956.824	/	( ( 79359.682	+	76104.809 )	/ 2 )
	=	5956.824	/	77732.2455
	=	7.66 %

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

Rede d oro Luiz (BSP:RDOR3) 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.

Rede d oro Luiz ROCE % Related Terms

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Rede d oro Luiz (BSP:RDOR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rede d or Sao Luiz SA (BSP:RDOR3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Francisco Marengo, No. 1312, Sao Paulo, SP, BRA, 03313-000

Website

https://www.rededorsaoluiz.com.br

Rede d or Sao Luiz SA is a provider of integrated healthcare services. The company offers medical and hospital care services in the areas of women healthcare, oncology, dermatology, gastroenterology, neurology, psychology, urology, reproductive medicine, and others.

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