Numeral (JSE:GLI) ROCE % : 0.00% (As of Nov. 2023)

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What is Numeral 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. Numeral's annualized ROCE % for the quarter that ended in Nov. 2023 was 0.00%.

Numeral ROCE % Historical Data

The historical data trend for Numeral'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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Numeral ROCE % Chart

Numeral Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Feb18

Feb19

Feb20

Feb21

Feb22

ROCE %

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5.02

-0.21

-2.60

Numeral Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	Nov19	Feb20	Aug20	Nov20	Feb21	Aug21	Nov21	Feb22	Aug22	Nov22	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Numeral ROCE % Calculation

Numeral's annualized ROCE % for the fiscal year that ended in Feb. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2022 )		(A: Feb. 2021 )		(A: Feb. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2022 )		(A: Feb. 2021 )		(A: Feb. 2022 )
	=	-0.959	/	( ( (0 - 3.946)	+	(0 - 5.022) )	/ 2 )
	=	-0.959	/	( (-3.946	+	-5.022)	/ 2 )
	=	-0.959	/	-4.484
	=	21.39 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-1.332	/	( ( (0 - 4.337)	+	(0 - 4.631) )	/ 2 )
	=	-1.332	/	( ( -4.337	+	-4.631 )	/ 2 )
	=	-1.332	/	-4.484
	=	0 %

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

Numeral (JSE:GLI) 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.

Numeral ROCE % Related Terms

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Numeral (JSE:GLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Numeral Ltd (JSE:GLI) » Definitions » ROCE %

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GOLI.N0000:Mauritius

Address

142, Mosque Road, Midlands, MUS

Website

https://www.golife.mu

Go Life International PCC is an investment holding group. It is principally engaged in the distribution of health products including natural products, supplements, and cosmeceuticals.

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