GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nordicus Partners Corp (OTCPK:NORD) » Definitions » ROCE %

NORD (Nordicus Partners) ROCE % : -9.80% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Nordicus Partners 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. Nordicus Partners's annualized ROCE % for the quarter that ended in Sep. 2024 was -9.80%.


Nordicus Partners ROCE % Historical Data

The historical data trend for Nordicus Partners'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.

* Premium members only.

Nordicus Partners ROCE % Chart

Nordicus Partners Annual Data
Trend Mar22 Mar23 Mar24
ROCE %
-147.94 -7,632.43 -32.93

Nordicus Partners Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -22.62 -17.27 -17.06 -9.17 -9.80

Nordicus Partners ROCE % Calculation

Nordicus Partners's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-0.298/( ( (0.055 - 0.027) + (1.808 - 0.026) )/ 2 )
=-0.298/( (0.028+1.782)/ 2 )
=-0.298/0.905
=-32.93 %

Nordicus Partners's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-2.028/( ( (20.801 - 0.065) + (20.785 - 0.153) )/ 2 )
=-2.028/( ( 20.736 + 20.632 )/ 2 )
=-2.028/20.684
=-9.80 %

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


Nordicus Partners  (OTCPK:NORD) 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.


Nordicus Partners ROCE % Related Terms

Thank you for viewing the detailed overview of Nordicus Partners's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordicus Partners Business Description

Traded in Other Exchanges
N/A
Address
280 S. Beverly Drive, Suite 505, Beverly Hills, CA, USA, 89103
Nordicus Partners Corp is a financial consulting company specializing in providing Nordic companies with the possible conditions to establish themselves in the U.S. market, taking advantage of management's combined several years of experience in the corporate sector, serving in different capacities both domestically and globally. The company's core competencies lie in assisting Danish as well as Nordic and international companies in different areas of corporate finance activities, such as business valuation, growth strategies, attracting capital for business & company acquisition, and sales.
Executives
Partners Aps Gk 10 percent owner MESTERLODDEN 3B, GENTOFTE G7 2820
Henrik Rouf 10 percent owner 468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Henrik Oerbekker 10 percent owner 94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Khristine L Carroll officer: EVP Commercial Operations 229 ANDOVER STREET, WILMINGTON MA 01887
Mark R Tauscher director
Oneill William J Jr director 4000 HOLLYWOOD BLVD STE 650N, HOLLYWOOD FL 33021
Michael L Barretti director 78 E OLYMPIA AVE, C/O CARDIO TECH INTERNATIONAL INC, WOBURN MA 01810-2057
Michael F Adams director, officer: Chief Executive Officer 78 E OLYMPIA AVE, C/O CARDIO TECH INTERNATIONAL INC, WOBURN MA 01810-2057
David Crispino Volpe officer: Chief Financial Officer 235 STONEBRIDGE DRIVE, NASHUA NH 03063
Eric G Walters officer: Vice President and CFO C/O MFIC CORP, 30 OSSIPEE RD., NEWTON MA 02464
Andrew Martin Reed officer: VP of Science and Technology 12106 WEST 75TH LANE, ARVADA CO 80005
Philip Alan Beck other: General manager 1230 CREEKSIDE CROSSING, STILLWATER MN 55082
Jeremiah E Dorsey director P.O. BOX 910, QUECHEE VT 05059
Leslie M Taeger officer: CFO
Douglas E Whittaker officer: President Gish Biomedical