NXTP (NextPlay Technologies) ROCE %: -21.77% (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies ROCE %?

NextPlay Technologies NXTP 14 ROCE % is -21.77% as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

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. NextPlay Technologies's annualized ROCE % for the quarter that ended in Nov. 2022 was -21.77%.

NextPlay Technologies  (OTCPK:NXTP) 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.

NextPlay Technologies ROCE % Related Terms

NextPlay Technologies ROCE % Historical Data

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The historical data trend for NextPlay Technologies'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.

NextPlay Technologies ROCE % Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
ROCE %
-15.79 -92.12

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
ROCE % Get a 7-Day Free Trial 0.00 -129.07 -25.95 -47.88 -21.77
NXTP
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NextPlay Technologies Inc NXTP
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NextPlay Technologies ROCE % Calculation

NextPlay Technologies's annualized ROCE % for the fiscal year that ended in Feb. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2022 )  (A: Feb. 2021 )(A: Feb. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2022 )  (A: Feb. 2021 )(A: Feb. 2022 )
=-37.892/( ( (11.466 - 1.446) + (99.753 - 27.502) )/ 2 )
=-37.892/( (10.02+72.251)/ 2 )
=-37.892/41.1355
=-92.12 %

NextPlay Technologies's ROCE % of for the quarter that ended in Nov. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2022 )  (Q: Aug. 2022 )(Q: Nov. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2022 )  (Q: Aug. 2022 )(Q: Nov. 2022 )
=-10.368/( ( (101.469 - 52.537) + (103.85 - 57.545) )/ 2 )
=-10.368/( ( 48.932 + 46.305 )/ 2 )
=-10.368/47.6185
=-21.77 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2022) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -21.77% mean?
NextPlay Technologies (NXTP) has a ROCE % of -21.77% as of Nov. 2022.
Is NextPlay Technologies' ROCE % too high?
NextPlay Technologies' current ROCE % is -21.77%. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' ROCE % compare to TAOP and CETX?
NextPlay Technologies' ROCE % of -21.77% can be compared against companies in the Software industry. The industry median ROCE % is 5.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.64, based on 2,715 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextPlay Technologies's current ROCE % is -21.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current ROCE % of -21.77%. The current ROCE % is -21.77%. NextPlay Technologies' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For NextPlay Technologies (NXTP), the current ROCE % is -21.77% as of Nov. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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