Nairobi Business Ventures (NAI:NBV) ROCE % : 0.00% (As of . 20)

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What is Nairobi Business Ventures 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. Nairobi Business Ventures's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Nairobi Business Ventures ROCE % Historical Data

The historical data trend for Nairobi Business Ventures'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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Nairobi Business Ventures ROCE % Chart

Nairobi Business Ventures Annual Data

Trend

ROCE %

Nairobi Business Ventures Semi-Annual Data

ROCE %

Nairobi Business Ventures ROCE % Calculation

Nairobi Business Ventures's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Nairobi Business Ventures's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Nairobi Business Ventures (NAI:NBV) 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.

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Nairobi Business Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nairobi Business Ventures (NAI:NBV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Airport Road, Shreeji House, Embakasi, P.O. Box 18281-00500, Nairobi, KEN

Website

https://www.nbvplc.com

Nairobi Business Ventures is engaged in wholesaler and retailer of premium leather products.

Nairobi Business Ventures Headlines

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