Noctiluca (FRA:G0Z) ROCE % : -114.88% (As of Dec. 2023)

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What is Noctiluca 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. Noctiluca's annualized ROCE % for the quarter that ended in Dec. 2023 was -114.88%.

Noctiluca ROCE % Historical Data

The historical data trend for Noctiluca'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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Noctiluca ROCE % Chart

Noctiluca Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-46.46

-68.38

-148.41

Noctiluca Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial						-126.49	-123.21	-122.54	-95.66	-114.88

Noctiluca ROCE % Calculation

Noctiluca'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 )
	=	-1.217	/	( ( (0.902 - 0.127)	+	(1.092 - 0.227) )	/ 2 )
	=	-1.217	/	( (0.775	+	0.865)	/ 2 )
	=	-1.217	/	0.82
	=	-148.41 %

Noctiluca's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1.108	/	( ( (1.448 - 0.384)	+	(1.092 - 0.227) )	/ 2 )
	=	-1.108	/	( ( 1.064	+	0.865 )	/ 2 )
	=	-1.108	/	0.9645
	=	-114.88 %

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

Noctiluca (FRA:G0Z) 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.

Noctiluca ROCE % Related Terms

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Noctiluca (FRA:G0Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Noctiluca SA (FRA:G0Z) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NCL:Poland

Address

Jurija Gagarina 7 / 41B, Torun, POL, 87-100

Website

https://www.noctiluca.eu

Noctiluca SA is a designer and producer of OLED emitters - a chemical compound that emits light upon application of electricity. The product portfolio of the company includes Transport layer materials, Injection layers, Blocking Layers, Host materials, and Dopants.

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