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Northern Graphite (TSXV:NGC) ROCE % : -26.99% (As of Sep. 2023)


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What is Northern Graphite 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. Northern Graphite's annualized ROCE % for the quarter that ended in Sep. 2023 was -26.99%.

Northern Graphite ROCE % Historical Data

The historical data trend for Northern Graphite'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.

Northern Graphite ROCE % Chart

Northern Graphite Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.60 -4.07 -5.16 -19.39 -19.27

Northern Graphite 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.33 -12.09 -12.33 -17.50 -26.99

Northern Graphite ROCE % Calculation

Northern Graphite'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 )
=-10.559/( ( (19.656 - 1.562) + (101.751 - 10.271) )/ 2 )
=-10.559/( (18.094+91.48)/ 2 )
=-10.559/54.787
=-19.27 %

Northern Graphite'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 )
=-22.992/( ( (99.758 - 12.443) + (96.275 - 13.229) )/ 2 )
=-22.992/( ( 87.315 + 83.046 )/ 2 )
=-22.992/85.1805
=-26.99 %

(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.

Northern Graphite  (TSXV:NGC) 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.

Northern Graphite ROCE % Related Terms

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Northern Graphite (TSXV:NGC) Business Description

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Traded in Other Exchanges
NGPHF:USA 0NG:Germany
Address
1000 Innovation Drive, Suite 500, Ottawa, ON, CAN, K2K 3E7
Website
https://www.northerngraphite.com
Northern Graphite Corp is a Canada-based exploration stage company engaged in the exploration and development of mineral resource properties. The company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as advanced industrial technologies. Its exploration and development activities are focused on the Bissett Creek Property in Ontario, Canada, and Okanjande in Namibia.