Constance Care (WAR:CCR) ROCE % : -5.59% (As of Mar. 2024)

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What is Constance Care 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. Constance Care's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.59%.

Constance Care ROCE % Historical Data

The historical data trend for Constance Care'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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Constance Care ROCE % Chart

Constance Care Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

7.12

5.11

4.18

Constance Care Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial								17.34	4.28	-4.01	3.01	-5.59

Constance Care ROCE % Calculation

Constance Care's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.508	/	( ( (14.604 - 2.032)	+	(15.517 - 3.777) )	/ 2 )
	=	0.508	/	( (12.572	+	11.74)	/ 2 )
	=	0.508	/	12.156
	=	4.18 %

Constance Care's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-0.624	/	( ( (15.689 - 3.583)	+	(15.686 - 5.48) )	/ 2 )
	=	-0.624	/	( ( 12.106	+	10.206 )	/ 2 )
	=	-0.624	/	11.156
	=	-5.59 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Constance Care (WAR:CCR) 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.

Constance Care ROCE % Related Terms

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Constance Care (WAR:CCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Constance Care SA (WAR:CCR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Artura Grottgera 11A lok. 5, Warszawa, POL, 00-785

Website

https://constancecare.pl

Constance Care SA conducts physiotherapeutic activities aimed at improving the quality of health and life of people suffering both from musculoskeletal disorders as a result of various random events, diseases or related to the aging of the body, as well as the rehabilitation of cognitive functions in children and adults.