NBEVQ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NBEVQ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. NewAge's annualized ROCE % for the quarter that ended in Sep. 2021 was 0.26%.
The historical data trend for NewAge'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.
NewAge Annual Data | |||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||
ROCE % | Get a 7-Day Free Trial | -41.99 | -9.11 | -13.72 | -36.31 | -14.24 |
NewAge Quarterly Data | ||||||||||||||||||||
Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | |
ROCE % | Get a 7-Day Free Trial | -29.73 | -5.47 | -15.55 | 24.21 | 0.26 |
NewAge's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2020 ) | (A: Dec. 2019 ) | (A: Dec. 2020 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2020 ) | (A: Dec. 2019 ) | (A: Dec. 2020 ) | |||||
= | -35.066 | / | ( ( (251.13 - 79.426) | + | (443.182 - 122.547) ) | / 2 ) | |
= | -35.066 | / | ( (171.704 | + | 320.635) | / 2 ) | |
= | -35.066 | / | 246.1695 | ||||
= | -14.24 % |
NewAge's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Sep. 2021 ) | (Q: Jun. 2021 ) | (Q: Sep. 2021 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Sep. 2021 ) | (Q: Jun. 2021 ) | (Q: Sep. 2021 ) | |||||
= | 0.844 | / | ( ( (452.455 - 107.407) | + | (405.65 - 97.809) ) | / 2 ) | |
= | 0.844 | / | ( ( 345.048 | + | 307.841 ) | / 2 ) | |
= | 0.844 | / | 326.4445 | ||||
= | 0.26 % |
(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.
* 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.
NewAge (OTCPK:NBEVQ) 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.
Thank you for viewing the detailed overview of NewAge's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Michele Crocker | director | 7158 FLSMIDTH DRIVE, SUITE 250 MIDVALE UT 84047 |
Judith Lynne Hammerschmidt | director | 3511 CAMBRIDGE ROAD, DURHAM 1W 27707-4509 |
Ed Brennan | director | 3018 WEST LAKE ROAD SKANEATELES NY 13152 |
Kevin Manion | officer: Chief Financial Officer | 1141 CUMMINGS ROAD, SANTA PAULA CA 93060 |
Fred W Cooper | director | 3838 W PARKWAY BLVD, C/O USANA HEALTH SCIENCES INC, SALT LAKE CITY UT 84120 |
Reginald Kapteyn | director | 16325 WEST WILLOW DRIVE SPRING LAKE MI 49456 |
Amy L. Kuzdowicz | director | 2376 TALL OAKS DRIVE TROY MI 48098 |
Gregory Fea | director | 1700 EAST 68TH AVENUE DENVER CO 80229 |
David Vanderveen | officer: Chief Operating Officer | 2420 17TH STREET, SUITE 220 DENVER CO 80202 |
Alicia Syrett | director | 2420 17TH STREET, SUITE 220, DENVER CO 80202 |
Timothy J Haas | director | ONE COCA COLA PLAZA ATLANTA GA 30313 |
Julie Garlikov | officer: Chief Marketing Officer | 2420 17TH STREET, SUITE 220, DENVER CO 80202 |
Brent D Willis | director, officer: CEO | 4211 W BOY SCOUT BLVD, SUITE 290, TAMPA FL 33607 |
Gregory A Gould | officer: CFO | 1111 MAIN STREET, SUITE 660, VANCOUVER WA 98660 |
Richard C Rife | officer: See Remarks | 1903 N HEATHER DRIVE OREM UT 84097 |
From GuruFocus
By Stock market mentor Stock market mentor • 01-21-2023
By PRNewswire PRNewswire • 01-13-2023
By Stock market mentor Stock market mentor • 01-29-2023
By PRNewswire PRNewswire • 01-13-2023
By PRNewswire PRNewswire • 01-20-2023
By PRNewswire PRNewswire • 02-04-2023
By PRNewswire PRNewswire • 02-03-2023
By PRNewswire PRNewswire • 01-13-2023
By PRNewswire PRNewswire • 01-22-2023
By PRNewswire PRNewswire • 01-16-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.