NBVAF (Nubeva Technologies) ROCE % : 83.44% (As of Apr. 2024)

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What is Nubeva Technologies 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. Nubeva Technologies's annualized ROCE % for the quarter that ended in Apr. 2024 was 83.44%.

Nubeva Technologies ROCE % Historical Data

The historical data trend for Nubeva Technologies'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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Nubeva Technologies ROCE % Chart

Nubeva Technologies Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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-118.10

-36.77

-96.88

-41.42

4.90

Nubeva Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial															13.40	-12.33	13.32	-29.41	83.44

Nubeva Technologies ROCE % Calculation

Nubeva Technologies's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	0.182	/	( ( (4.065 - 0.487)	+	(4.448 - 0.595) )	/ 2 )
	=	0.182	/	( (3.578	+	3.853)	/ 2 )
	=	0.182	/	3.7155
	=	4.90 %

Nubeva Technologies's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	3.048	/	( ( (3.814 - 0.361)	+	(4.448 - 0.595) )	/ 2 )
	=	3.048	/	( ( 3.453	+	3.853 )	/ 2 )
	=	3.048	/	3.653
	=	83.44 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2024) EBIT data.

Nubeva Technologies (OTCPK:NBVAF) 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.

Nubeva Technologies ROCE % Related Terms

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Nubeva Technologies Business Description

Industry

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NBVA:Canada

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.nubeva.com

Nubeva Technologies Ltd develops and licenses enterprise-class software for the decryption of TLS (SSL) network decryption solutions, including Ransomware Reversal. It enables deep packet inspection for cybersecurity and application monitoring systems and services. The company solves the growing visibility, performance, and complexity gaps introduced by the evolution of TLS, newer networks and application architectures, and the continuous scaling of network traffic. It derives revenue from the provision of cloud-based security software and services, as well as professional services associated with customizing its products. Software revenue includes licenses derived from software and software services.