Nextech3d AI (Nextech3d AI) ROCE % : -921.05% (As of Dec. 2023)

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What is Nextech3d AI 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. Nextech3d AI's annualized ROCE % for the quarter that ended in Dec. 2023 was -921.05%.

Nextech3d AI ROCE % Historical Data

The historical data trend for Nextech3d AI'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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Nextech3d AI ROCE % Chart

Nextech3d AI Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-83.76

-106.50

-130.68

-116.29

-430.19

Nextech3d AI Quarterly Data
	Feb19	May19	Aug19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-142.33	-193.30	-211.87	-200.39	-921.05

Nextech3d AI ROCE % Calculation

Nextech3d AI's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-20.107	/	( ( (12.614 - 2.498)	+	(2.226 - 2.994) )	/ 2 )
	=	-20.107	/	( (10.116	+	-0.768)	/ 2 )
	=	-20.107	/	4.674
	=	-430.19 %

Nextech3d AI's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-27.148	/	( ( (9.943 - 3.28)	+	(2.226 - 2.994) )	/ 2 )
	=	-27.148	/	( ( 6.663	+	-0.768 )	/ 2 )
	=	-27.148	/	2.9475
	=	-921.05 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Nextech3d AI (OTCPK:NEXCF) 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.

Nextech3d AI ROCE % Related Terms

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Nextech3d AI (Nextech3d AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nextech3d AI Corp (OTCPK:NEXCF) » Definitions » ROCE %

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Address

Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.nextechar.com

Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.