Northern Bear (LSE:NTBR) ROCE % : 13.68% (As of Sep. 2024)

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What is Northern Bear 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. Northern Bear's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.68%.

Northern Bear ROCE % Historical Data

The historical data trend for Northern Bear'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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Northern Bear ROCE % Chart

Northern Bear Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.67

-5.48

-2.98

8.63

9.64

Northern Bear Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															11.81	5.59	13.72	5.32	13.68

Northern Bear ROCE % Calculation

Northern Bear's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	2.432	/	( ( (40.113 - 14.869)	+	(39.347 - 14.139) )	/ 2 )
	=	2.432	/	( (25.244	+	25.208)	/ 2 )
	=	2.432	/	25.226
	=	9.64 %

Northern Bear'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	3.484	/	( ( (39.347 - 14.139)	+	(40.622 - 14.894) )	/ 2 )
	=	3.484	/	( ( 25.208	+	25.728 )	/ 2 )
	=	3.484	/	25.468
	=	13.68 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Northern Bear (LSE:NTBR) 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.

Northern Bear ROCE % Related Terms

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Northern Bear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Northern Bear PLC (LSE:NTBR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

A1 Grainger, Prestwick Park, Prestwick, Newcastle upon Tyne, GBR, NE20 9SJ

Website

https://www.northernbearplc.com

Northern Bear PLC is a specialist building service provider serving the support services sector. Its operating segments include Roofing activities - companies providing a comprehensive range of roofing services including slang, felting, refurbishment, and maintenance for domestic, commercial, and public sector properties; Materials handling activities - supply, service, and maintenance of forklift trucks and warehouse equipment on hire and for sale; Specialist building services activities - aggregation of other specialist building services companies providing services including building maintenance, electrical contracting, and sound insulation and Corporate and other activities - the provision of head office activity and consolidation items. It generates revenues mainly from the UK.

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