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

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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.

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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						-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.

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

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Nordicus Partners Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

280 S. Beverly Drive, Suite 505, Beverly Hills, CA, USA, 89103

Website

https://www.nordicuspartners.com

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