Nordon Industrias Metalurgicas (BSP:NORD3) ROCE % : 0.00% (As of Sep. 2024)

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What is Nordon Industrias Metalurgicas 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. Nordon Industrias Metalurgicas's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Nordon Industrias Metalurgicas ROCE % Historical Data

The historical data trend for Nordon Industrias Metalurgicas'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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Nordon Industrias Metalurgicas ROCE % Chart

Nordon Industrias Metalurgicas Annual Data

Trend

Dec14

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Dec23

ROCE %

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Nordon Industrias Metalurgicas Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Nordon Industrias Metalurgicas ROCE % Calculation

Nordon Industrias Metalurgicas's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	0.579	/	( ( (18.161 - 159.673)	+	(19.331 - 167.873) )	/ 2 )
	=	0.579	/	( (-141.512	+	-148.542)	/ 2 )
	=	0.579	/	-145.027
	=	-0.40 %

Nordon Industrias Metalurgicas's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.456	/	( ( (19.352 - 170.031)	+	(19.373 - 170.419) )	/ 2 )
	=	-0.456	/	( ( -150.679	+	-151.046 )	/ 2 )
	=	-0.456	/	-150.8625
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Nordon Industrias Metalurgicas (BSP:NORD3) 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.

Nordon Industrias Metalurgicas ROCE % Related Terms

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Nordon Industrias Metalurgicas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nordon Industrias Metalurgicas SA (BSP:NORD3) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Alameda Roger Adam 169, Santo Andre, Sao Paulo, SP, BRA, 9080620

Website

http://www.nordon.ind.br

Nordon Industrias Metalurgicas SA is a shell company.

Nordon Industrias Metalurgicas Headlines

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