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Netobjects (Netobjects) ROCE % : -389.41% (As of Jun. 2001)


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What is Netobjects 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. Netobjects's annualized ROCE % for the quarter that ended in Jun. 2001 was -389.41%.


Netobjects ROCE % Historical Data

The historical data trend for Netobjects'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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Netobjects ROCE % Chart

Netobjects Annual Data
Trend Sep99 Sep00
ROCE %
-47.51 -115.58

Netobjects Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
ROCE % Get a 7-Day Free Trial Premium Member Only -78.45 -210.07 -263.18 -355.08 -389.41

Netobjects ROCE % Calculation

Netobjects's annualized ROCE % for the fiscal year that ended in Sep. 2000 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2000 )  (A: Sep. 2099 )(A: Sep. 2000 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2000 )  (A: Sep. 2099 )(A: Sep. 2000 )
=-34.691/( ( (42.7 - 6.5) + (32.614 - 8.783) )/ 2 )
=-34.691/( (36.2+23.831)/ 2 )
=-34.691/30.0155
=-115.58 %

Netobjects's ROCE % of for the quarter that ended in Jun. 2001 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2001 )  (Q: Mar. 2001 )(Q: Jun. 2001 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2001 )  (Q: Mar. 2001 )(Q: Jun. 2001 )
=-33.544/( ( (22.422 - 9.299) + (11.912 - 7.807) )/ 2 )
=-33.544/( ( 13.123 + 4.105 )/ 2 )
=-33.544/8.614
=-389.41 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2001) 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.


Netobjects  (GREY:NETO) 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.


Netobjects ROCE % Related Terms

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Netobjects (Netobjects) Business Description

Traded in Other Exchanges
N/A
Address
301 Galveston Drive, Suite 250, Redwood City, CA, USA, 94063
Netobjects Inc is engaged in developing and designing software.

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