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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. NextTrip's annualized ROCE % for the quarter that ended in Sep. 2023 was -159.08%.
The historical data trend for NextTrip'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.
NextTrip Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
ROCE % | Get a 7-Day Free Trial | -234.67 | -528.86 | -175.74 | -81.42 | -96.85 |
NextTrip Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
ROCE % | Get a 7-Day Free Trial | -117.20 | -130.72 | -162.04 | -175.58 | -159.08 |
NextTrip's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2022 ) | (A: Dec. 2021 ) | (A: Dec. 2022 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2022 ) | (A: Dec. 2021 ) | (A: Dec. 2022 ) | |||||
= | -8.685 | / | ( ( (13.841 - 0.981) | + | (5.704 - 0.629) ) | / 2 ) | |
= | -8.685 | / | ( (12.86 | + | 5.075) | / 2 ) | |
= | -8.685 | / | 8.9675 | ||||
= | -96.85 % |
NextTrip'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: Jun. 2023 ) | (Q: Sep. 2023 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Sep. 2023 ) | (Q: Jun. 2023 ) | (Q: Sep. 2023 ) | |||||
= | -3.472 | / | ( ( (2.934 - 0.543) | + | (2.838 - 0.864) ) | / 2 ) | |
= | -3.472 | / | ( ( 2.391 | + | 1.974 ) | / 2 ) | |
= | -3.472 | / | 2.1825 | ||||
= | -159.08 % |
(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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.
NextTrip (NAS:NTRP) 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.
Thank you for viewing the detailed overview of NextTrip's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark Ruport | director, officer: Executive Chairman | 5575 MARK DABLING BLVD, SUITE 100, COLORADO SPRINGS CO 80919 |
Stephan Kuehr | officer: GM of European Operations | LEONHARDYWEG 30, BERLIN 2M 10121 |
Jacob Brunsberg | officer: Sr VP Product Mgt/Strat Rel | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Carl I. Schwartz | 10 percent owner | 20155 N.E. 38TH COURT, UNIT 3104, AVENTURA FL 33180 |
Frank Orzechowski | officer: CFO, PFO and PAO | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Darren Beckett | officer: Vice President of Engineering | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Kent J Summers | director | 13 ONONDAGA LANE, MEDFIELD MA 02052 |
Mark Cola | director, officer: President, CEO and COO | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Nannette Toups | officer: CFO, PFO and PAO | C/O SIGMA LABS, INC., 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Salvatore F Battinelli | director | 5 CLIFTON AVENUE, MARBLEHEAD MA 01945 |
Dennis Duitch | director | 150 E PALMETTO PARK ROAD, SUITE 510, BOCA RATON FL 33432 |
John Reynolds Rice | director | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Fisher Ronald Kenneth Jr | officer: Vice President of Business Dev | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Frank J Garofalo | director | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
Amanda Cola | officer: VP of Finance and Business Ops | 3900 PASEO DEL SOL, SANTA FE NM 87507 |
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