New Tech Capital (LTS:0QH3) ROCE % : -5.58% (As of Sep. 2023)

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What is New Tech Capital 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. New Tech Capital's annualized ROCE % for the quarter that ended in Sep. 2023 was -5.58%.

New Tech Capital ROCE % Historical Data

The historical data trend for New Tech Capital'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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New Tech Capital ROCE % Chart

New Tech Capital Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

ROCE %

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6.84

-6.29

-26.86

-0.64

-50.33

New Tech Capital Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-3.06	-1.42	-195.55	-0.61	-5.58

New Tech Capital ROCE % Calculation

New Tech Capital'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 )
	=	-6.903	/	( ( (24.287 - 7.686)	+	(18.392 - 7.561) )	/ 2 )
	=	-6.903	/	( (16.601	+	10.831)	/ 2 )
	=	-6.903	/	13.716
	=	-50.33 %

New Tech Capital's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-0.616	/	( ( (18.528 - 7.102)	+	(18.371 - 7.712) )	/ 2 )
	=	-0.616	/	( ( 11.426	+	10.659 )	/ 2 )
	=	-0.616	/	11.0425
	=	-5.58 %

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

New Tech Capital (LTS:0QH3) 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.

New Tech Capital ROCE % Related Terms

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New Tech Capital (LTS:0QH3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » New Tech Capital SA (LTS:0QH3) » Definitions » ROCE %

Comparable Companies

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NTC:Poland

Address

Al. Jana Chrystian Szucha 13/15, Room 16, Warszawa, POL, 00-580

Website

https://www.ntcsa.com.pl

New Tech Capital SA provides financial consulting services. The company offers consulting services in the areas of strategy, finance, foreign exchange risk management, assistance in obtaining capital from the European Union, internal audit, etc. Its portfolio of investments consisted of shares, receivables, and real estates.

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