niiio finance group AG (STU:NIIN) ROCE % : -11.38% (As of Jun. 2023)

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What is niiio finance group AG 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. niiio finance group AG's annualized ROCE % for the quarter that ended in Jun. 2023 was -11.38%.

niiio finance group AG ROCE % Historical Data

The historical data trend for niiio finance group AG'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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niiio finance group AG ROCE % Chart

niiio finance group AG Annual Data

Trend

Dec08

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-14.87

-33.21

-14.75

-14.93

-10.93

niiio finance group AG Semi-Annual Data
	Dec08	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial													-14.96	-15.66	-10.60	-9.28	-11.38

niiio finance group AG ROCE % Calculation

niiio finance group AG'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 )
	=	-2.606	/	( ( (26.46 - 2.1)	+	(25.037 - 1.709) )	/ 2 )
	=	-2.606	/	( (24.36	+	23.328)	/ 2 )
	=	-2.606	/	23.844
	=	-10.93 %

niiio finance group AG's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.638	/	( ( (25.037 - 1.709)	+	(23.545 - 0.492) )	/ 2 )
	=	-2.638	/	( ( 23.328	+	23.053 )	/ 2 )
	=	-2.638	/	23.1905
	=	-11.38 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

niiio finance group AG (STU:NIIN) 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.

niiio finance group AG ROCE % Related Terms

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niiio finance group AG (STU:NIIN) Business Description

Industry

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NIIN:Germany

Address

Elisabethstrasse 42/43, Gorlitz, SN, DEU, 02826

Website

http://www.niiio.finance

niiio finance group AG is a technology and software company. It offers software solutions for the target groups of banks, insurance companies, asset managers, and independent financial service providers. It designs, develops, and sells Software-as-a-Service solutions such as Digital wealth management, White-Label Robo-Advisor, and an Open-banking suite of APIs. The group currently has two business areas. to develop additional business potential in the medium to long term, the team is also working on offering a marketplace/platform solution for the integration of third-party software components for digital wealth management. Another medium to longer-term development project concerns the offering of a new custody and administration infrastructure for assets based on blockchain.

Executives

Herr Johann Horch	Supervisory Board
Dr. Martin Setzer	Supervisory Board

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