NUGL (NUGL) ROCE % : 2.31% (As of Sep. 2023)

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What is NUGL 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. NUGL's annualized ROCE % for the quarter that ended in Sep. 2023 was 2.31%.

NUGL ROCE % Historical Data

The historical data trend for NUGL'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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NUGL ROCE % Chart

NUGL Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

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Dec16

Dec17

Dec18

ROCE %

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NUGL Quarterly Data
	Dec12	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Dec18	Sep22	Sep23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	2.31

NUGL ROCE % Calculation

NUGL's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-0.511	/	( ( (0.006 - 0.041)	+	(0.003 - 0.566) )	/ 2 )
	=	-0.511	/	( (-0.035	+	-0.563)	/ 2 )
	=	-0.511	/	-0.299
	=	170.90 %

NUGL'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: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	0.064	/	( ( (0 - 0)	+	(3.892 - 1.123) )	/ 1 )
	=	0.064	/	( ( 0	+	2.769 )	/ 1 )
	=	0.064	/	2.769
	=	2.31 %

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

NUGL (OTCPK:NUGL) 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.

NUGL ROCE % Related Terms

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NUGL (NUGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NUGL Inc (OTCPK:NUGL) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

13771 Roswell Avenue, Suite F, Chino Hills, CA, USA, 91701

Website

https://www.nugl.com

NUGL Inc through Kaya Group operates multifaceted cannabis lifestyle company with a portfolio of powerful brands. The combined resources and expanded international exchange provide the combined companies growth opportunities, larger markets and a larger client base. Kaya operates lifestyle and wellness brand from locations, consumption lounge, maintaining facility and product/brand launch in Southern California. NUGL provides search engine and online directory, and multi-media platform created by technology professionals for the marijuana industry that adjusts rankings based on community input. NUGL App highlights profiles for businesses in all sectors of the cannabis industry, including retail stores, brands, services, events.