NDatalyze (NDatalyze) ROCE % : -79.80% (As of Nov. 2023)

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What is NDatalyze 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. NDatalyze's annualized ROCE % for the quarter that ended in Nov. 2023 was -79.80%.

NDatalyze ROCE % Historical Data

The historical data trend for NDatalyze'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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NDatalyze ROCE % Chart

NDatalyze Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

-104.92

-6.04

-97.84

-96.18

-107.03

NDatalyze Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-74.83	-241.97	-38.24	103.57	-79.80

NDatalyze ROCE % Calculation

NDatalyze's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-0.914	/	( ( (1.346 - 0.064)	+	(0.641 - 0.215) )	/ 2 )
	=	-0.914	/	( (1.282	+	0.426)	/ 2 )
	=	-0.914	/	0.854
	=	-107.03 %

NDatalyze's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-0.476	/	( ( (0.519 - 0.013)	+	(0.707 - 0.02) )	/ 2 )
	=	-0.476	/	( ( 0.506	+	0.687 )	/ 2 )
	=	-0.476	/	0.5965
	=	-79.80 %

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

NDatalyze (OTCPK:NDATF) 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.

NDatalyze ROCE % Related Terms

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NDatalyze (NDatalyze) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NDatalyze Corp (OTCPK:NDATF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NDAT:Canada

Address

707 - 7th Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6

Website

https://www.ndatalyze.com

NDatalyze Corp develops technologically-based, specialized products, databases, and applications. The YMI division is developing a data-driven consumer mHealth application designed to predict current and future health conditions to lessen the cost of health services and decrease the load on health care services. The MLdelic division is providing a database platform that may be used to predict potential benefits associated with the use of entheogenic compounds within the mental health sector. The Medxtractor division manufactures small-scale bio-extractors that are used to extract essential oils from botanical materials.

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