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Sangani Hospitals (NSE:SANGANI) 1-Year ROIIC % : -7.33% (As of Mar. 2023)


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What is Sangani Hospitals 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Sangani Hospitals's 1-Year ROIIC % for the quarter that ended in Mar. 2023 was -7.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Sangani Hospitals's 1-Year ROIIC % or its related term are showing as below:

NSE:SANGANI's 1-Year ROIIC % is ranked worse than
62.05% of 635 companies
in the Healthcare Providers & Services industry
Industry Median: 2.89 vs NSE:SANGANI: -7.33

Sangani Hospitals 1-Year ROIIC % Historical Data

The historical data trend for Sangani Hospitals's 1-Year ROIIC % 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.

* Premium members only.

Sangani Hospitals 1-Year ROIIC % Chart

Sangani Hospitals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
- 249.33 53.73 -7.33

Sangani Hospitals Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
1-Year ROIIC % - 249.33 53.73 -7.33

Competitive Comparison of Sangani Hospitals's 1-Year ROIIC %

For the Medical Care Facilities subindustry, Sangani Hospitals's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sangani Hospitals's 1-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sangani Hospitals's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sangani Hospitals's 1-Year ROIIC % falls into.



Sangani Hospitals 1-Year ROIIC % Calculation

Sangani Hospitals's 1-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 14.8243179 (Mar. 2023) - 22.20696 (Mar. 2022) )/( 138.798 (Mar. 2023) - 38.038 (Mar. 2022) )
=-7.3826421/100.76
=-7.33%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Sangani Hospitals  (NSE:SANGANI) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Sangani Hospitals 1-Year ROIIC % Related Terms

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Sangani Hospitals (NSE:SANGANI) Business Description

Traded in Other Exchanges
N/A
Address
Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220
Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

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