The New Meat Company AG (HAM:9AUA) ROCE % : -8.16% (As of Jun. 2023)

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What is The New Meat Company AG 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. The New Meat Company AG's annualized ROCE % for the quarter that ended in Jun. 2023 was -8.16%.

The New Meat Company AG ROCE % Historical Data

The historical data trend for The New Meat Company AG'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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The New Meat Company AG ROCE % Chart

The New Meat Company AG Annual Data

Trend

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-99.16

-1,018.60

-116.67

-23.89

The New Meat Company AG Semi-Annual Data
	Jun16	Jun17	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial								-26.14	-86.98	-29.66	-13.41	-8.16

The New Meat Company AG ROCE % Calculation

The New Meat Company AG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.335	/	( ( (0.727 - 0.227)	+	(2.518 - 0.213) )	/ 2 )
	=	-0.335	/	( (0.5	+	2.305)	/ 2 )
	=	-0.335	/	1.4025
	=	-23.89 %

The New Meat Company AG's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-0.266	/	( ( (2.518 - 0.213)	+	(4.519 - 0.308) )	/ 2 )
	=	-0.266	/	( ( 2.305	+	4.211 )	/ 2 )
	=	-0.266	/	3.258
	=	-8.16 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

The New Meat Company AG (HAM:9AUA) 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.

The New Meat Company AG ROCE % Related Terms

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The New Meat Company AG (HAM:9AUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The New Meat Company AG (HAM:9AUA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gormannstrabe 22, Berlin, BB, DEU, 10119

Website

https://www.thenewmeatco.com

The New Meat Company AG is engaged in the business of developing plant-based meat alternatives.

The New Meat Company AG (HAM:9AUA) Headlines

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