Amplitude Healthcare Acquisition (Amplitude Healthcare Acquisition) ROCE % : -0.56% (As of Jun. 2021)

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What is Amplitude Healthcare Acquisition 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. Amplitude Healthcare Acquisition's annualized ROCE % for the quarter that ended in Jun. 2021 was -0.56%.

Amplitude Healthcare Acquisition ROCE % Historical Data

The historical data trend for Amplitude Healthcare Acquisition'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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Amplitude Healthcare Acquisition ROCE % Chart

Amplitude Healthcare Acquisition Annual Data

Trend

Dec19

Dec20

ROCE %

-0.92

Amplitude Healthcare Acquisition Semi-Annual Data
	Aug19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
ROCE %	Get a 7-Day Free Trial			-0.32	-0.22	-0.16	-0.21	-0.56

Amplitude Healthcare Acquisition ROCE % Calculation

Amplitude Healthcare Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-0.935	/	( ( (101.694 - 0.111)	+	(101.261 - 0.269) )	/ 2 )
	=	-0.935	/	( (101.583	+	100.992)	/ 2 )
	=	-0.935	/	101.2875
	=	-0.92 %

Amplitude Healthcare Acquisition's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	-0.562	/	( ( (100.96 - 0.181)	+	(100.549 - 0.329) )	/ 2 )
	=	-0.562	/	( ( 100.779	+	100.22 )	/ 2 )
	=	-0.562	/	100.4995
	=	-0.56 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2021) EBIT data.

Amplitude Healthcare Acquisition (NAS:AMHCW) 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.

Amplitude Healthcare Acquisition ROCE % Related Terms

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Amplitude Healthcare Acquisition (Amplitude Healthcare Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Amplitude Healthcare Acquisition Corp (NAS:AMHCW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1177 Avenue of the Americas, Floor 40, New York, NY, USA, 10036

Website

Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Amplitude Healthcare Acquisition (Amplitude Healthcare Acquisition) Headlines

From GuruFocus

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Amplitude Healthcare Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing January 10, 2020

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By Business Wire Business Wire • 09-24-2021

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