Cleopatra Hospital Co (CAI:CLHO) ROCE % : 26.62% (As of Dec. 2023)

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What is Cleopatra Hospital Co 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. Cleopatra Hospital Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 26.62%.

Cleopatra Hospital Co ROCE % Historical Data

The historical data trend for Cleopatra Hospital Co'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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Cleopatra Hospital Co ROCE % Chart

Cleopatra Hospital Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.39

18.56

22.48

18.95

25.08

Cleopatra Hospital Co 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															22.72	25.57	20.60	28.94	26.62

Cleopatra Hospital Co ROCE % Calculation

Cleopatra Hospital Co'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 )
	=	679.366	/	( ( (3264.343 - 904.051)	+	(4488.027 - 1431.058) )	/ 2 )
	=	679.366	/	( (2360.292	+	3056.969)	/ 2 )
	=	679.366	/	2708.6305
	=	25.08 %

Cleopatra Hospital Co'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 )
	=	774.676	/	( ( (3992.461 - 1228.548)	+	(4488.027 - 1431.058) )	/ 2 )
	=	774.676	/	( ( 2763.913	+	3056.969 )	/ 2 )
	=	774.676	/	2910.441
	=	26.62 %

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

Cleopatra Hospital Co (CAI:CLHO) 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.

Cleopatra Hospital Co ROCE % Related Terms

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Cleopatra Hospital Co (CAI:CLHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cleopatra Hospital Co (CAI:CLHO) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

39 Cleopatra street, Opposite Maidan Salahuddin Square Almazah, Heliopolis, Cairo, EGY

Website

http://www.cleopatrahospitals.com

Cleopatra Hospital Co is a private hospital in Egypt. The company provides health and medical services, as well as the medical care of inpatients. Its operating segment based on hospitals includes Cleopatra Hospital Company, Cairo Specialised Hospital, Nile Badrawi Hospital, Al Shorouk Hospital, CHG for Medical Services, CHG Pharma for pharmacies management, CHG for Hospitals, Queens Hospitals and Al Kateb Hospitals. It generates maximum revenue from the Cleopatra Hospital Company segment. The company derives revenue from Accommodation and medical supervision, Surgeries, Outpatient clinics, Laboratories, Cardiac catheterization, Service charge, Radiology, Emergency, Oncology center, Pharmacy, Dentistry, Physiotherapy, Endoscopy, Cardiac tests, and Other services.

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