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Napster Group (LSE:NAPS) ROCE % : 0.00% (As of Jun. 2021)


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What is Napster Group 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. Napster Group's annualized ROCE % for the quarter that ended in Jun. 2021 was 0.00%.


Napster Group ROCE % Historical Data

The historical data trend for Napster Group'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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Napster Group ROCE % Chart

Napster Group Annual Data
Trend Sep17 Sep18 Dec20
ROCE %
- - -

Napster Group Quarterly Data
Sep17 Sep18 Jun20 Dec20 Jun21
ROCE % - - - - -

Napster Group ROCE % Calculation

Napster Group's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Sep. 2018 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Sep. 2018 )(A: Dec. 2020 )
=-26.747/( ( (43.506 - 82.844) + (23.159 - 10.118) )/ 2 )
=-26.747/( (-39.338+13.041)/ 2 )
=-26.747/-13.1485
=203.42 %

Napster Group's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Dec. 2020 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Dec. 2020 )(Q: Jun. 2021 )
=0/( ( (23.159 - 10.118) + (78.608 - 58.902) )/ 2 )
=0/( ( 13.041 + 19.706 )/ 2 )
=0/16.3735
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

* 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.


Napster Group  (LSE:NAPS) 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.


Napster Group ROCE % Related Terms

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Napster Group (LSE:NAPS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
55 Poland Street, London, GBR, W1F 7NL
Napster Group PLC is a music company. It offers global music platform combining music streaming and immersive content that allows users to experience music performances in Virtual Reality. It derives revenue through Content sales, Telco partnerships, Content licensing, and Ticket revenue.

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