NNRF (NNRI) ROCE % : -14.74% (As of Sep. 2023)

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What is NNRF 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. NNRF's annualized ROCE % for the quarter that ended in Sep. 2023 was -14.74%.

NNRF ROCE % Historical Data

The historical data trend for NNRF'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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NNRF ROCE % Chart

NNRF Annual Data

Trend

ROCE %

NNRF Quarterly Data
	Sep22	Sep23
ROCE %	-	-14.74

NNRF ROCE % Calculation

NNRF'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

NNRF's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	-0.616	/	( ( (0 - 0)	+	(4.854 - 0.674) )	/ 1 )
	=	-0.616	/	( ( 0	+	4.18 )	/ 1 )
	=	-0.616	/	4.18
	=	-14.74 %

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

NNRF (OTCPK:NNRI) 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.

NNRF ROCE % Related Terms

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NNRF (NNRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NNRF Inc (OTCPK:NNRI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

2475 Hiko Avenue, Reno, NV, USA, 89512

Website

http://www.nucon-rf.com

NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

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