Newbury Racecourse (AQSE:NYR) ROCE % : 0.00% (As of . 20)

View and export this data going back to 1995. Start your Free Trial

What is Newbury Racecourse 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. Newbury Racecourse's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Newbury Racecourse ROCE % Historical Data

The historical data trend for Newbury Racecourse'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.

* Premium members only.

Newbury Racecourse ROCE % Chart

Newbury Racecourse Annual Data

Trend

ROCE %

Newbury Racecourse Semi-Annual Data

ROCE %

Newbury Racecourse ROCE % Calculation

Newbury Racecourse's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Newbury Racecourse's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Newbury Racecourse (AQSE:NYR) 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.

Newbury Racecourse ROCE % Related Terms

Thank you for viewing the detailed overview of Newbury Racecourse's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Newbury Racecourse Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Newbury Racecourse PLC (AQSE:NYR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Racecourse, Berkshire, Newbury, GBR, RG14 7NZ

Website

https://newburyracecourse.co.uk

Newbury Racecourse PLC is engaged in racing, hospitality and catering retail activities. The nursery segment of the company includes revenues from the Rocking Horse Nursery, and the Lodge segment includes revenues from the Lodge Hotel. and the Trading segment includes revenue from HBLB.

Newbury Racecourse Headlines

No Headlines