Nuchev (ASX:NUC) ROCE % : -21.88% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Nuchev 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. Nuchev's annualized ROCE % for the quarter that ended in Dec. 2024 was -21.88%.

Nuchev ROCE % Historical Data

The historical data trend for Nuchev'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.

Nuchev ROCE % Chart

Nuchev Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

-34.88

-50.56

-51.87

-60.13

-51.71

Nuchev Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial						-74.96	-61.98	-59.44	-62.22	-21.88

Nuchev ROCE % Calculation

Nuchev's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-7.315	/	( ( (15.325 - 2.189)	+	(20.093 - 4.938) )	/ 2 )
	=	-7.315	/	( (13.136	+	15.155)	/ 2 )
	=	-7.315	/	14.1455
	=	-51.71 %

Nuchev's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-3.16	/	( ( (20.093 - 4.938)	+	(17.587 - 3.859) )	/ 2 )
	=	-3.16	/	( ( 15.155	+	13.728 )	/ 2 )
	=	-3.16	/	14.4415
	=	-21.88 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Nuchev (ASX:NUC) 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.

Nuchev ROCE % Related Terms

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

Nuchev Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nuchev Ltd (ASX:NUC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

636 St Kilda Road, Level 12, Melbourne, VIC, AUS, 3004

Website

https://www.nuchev.com.au

Nuchev Ltd is a globally-oriented food business focused on developing, marketing, and selling a range of premium Australian made goat nutritional products. Its primary products include those branded under the Oli6 Bio Practica and Medicine Tree and a number of globally recognized European brands sold under exclusive license in Australia and New Zealand by bWellness.

Nuchev Headlines

No Headlines