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Compagnie Financiere de Neufcour (XBRU:MLNEU) ROCE % : -4.53% (As of Dec. 2023)


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What is Compagnie Financiere de Neufcour 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. Compagnie Financiere de Neufcour's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.53%.


Compagnie Financiere de Neufcour ROCE % Historical Data

The historical data trend for Compagnie Financiere de Neufcour'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.

Compagnie Financiere de Neufcour ROCE % Chart

Compagnie Financiere de Neufcour Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.25 13.59 5.44 -5.58 -4.53

Compagnie Financiere de Neufcour Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 25.25 13.59 5.44 -5.58 -4.53

Compagnie Financiere de Neufcour ROCE % Calculation

Compagnie Financiere de Neufcour's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.347/( ( (9.88 - 1.979) + (9.965 - 2.555) )/ 2 )
=-0.347/( (7.901+7.41)/ 2 )
=-0.347/7.6555
=-4.53 %

Compagnie Financiere de Neufcour's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=-0.347/( ( (9.88 - 1.979) + (9.965 - 2.555) )/ 2 )
=-0.347/( ( 7.901 + 7.41 )/ 2 )
=-0.347/7.6555
=-4.53 %

(1) Note: The EBIT data used here is one times the annual (Dec. 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.


Compagnie Financiere de Neufcour  (XBRU:MLNEU) 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.


Compagnie Financiere de Neufcour ROCE % Related Terms

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Compagnie Financiere de Neufcour Business Description

Traded in Other Exchanges
N/A
Address
Rue Churchill, 26, Romsee, BEL, 4624
Compagnie Financiere de Neufcour SA is engaged in real estate business. The company owns and manages real estate properties of the late 19th century and early 20th century.

Compagnie Financiere de Neufcour Headlines

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