Nesscap Energy (Nesscap Energy) ROCE % : -29.43% (As of Sep. 2016)

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What is Nesscap Energy 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. Nesscap Energy's annualized ROCE % for the quarter that ended in Sep. 2016 was -29.43%.

Nesscap Energy ROCE % Historical Data

The historical data trend for Nesscap Energy'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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Nesscap Energy ROCE % Chart

Nesscap Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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-93.10

-46.47

-12.59

-15.04

-33.60

Nesscap Energy Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
ROCE %	Get a 7-Day Free Trial															-21.56	-65.70	-22.79	-13.99	-29.43

Nesscap Energy ROCE % Calculation

Nesscap Energy's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	-3.555	/	( ( (30.04 - 13.707)	+	(11.755 - 6.926) )	/ 2 )
	=	-3.555	/	( (16.333	+	4.829)	/ 2 )
	=	-3.555	/	10.581
	=	-33.60 %

Nesscap Energy's ROCE % of for the quarter that ended in Sep. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	-2.828	/	( ( (13.726 - 3.989)	+	(13.667 - 4.185) )	/ 2 )
	=	-2.828	/	( ( 9.737	+	9.482 )	/ 2 )
	=	-2.828	/	9.6095
	=	-29.43 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

Nesscap Energy (OTCPK:NCERF) 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.

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Nesscap Energy (Nesscap Energy) Business Description

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http://www.nesscap.com

Nesscap Energy, Inc was incorporated on August 2, 2007. It develops, manufactures and markets products called 'ultracapacitors' that store energy for power delivery systems which are used in transportation, industrial power, renewable energy and other consumer industries. Nesscap's wide-ranging products, from single-cell ultracapacitor products to multi-cell modules, are designed to meet the market demands for reliable energy storage and power platforms.

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