NetCents Technology (XCNQ:NC) ROCE % : -6,976.39% (As of Jul. 2020)

View and export this data going back to 2016. Start your Free Trial

What is NetCents Technology 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. NetCents Technology's annualized ROCE % for the quarter that ended in Jul. 2020 was -6,976.39%.

NetCents Technology ROCE % Historical Data

The historical data trend for NetCents Technology'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.

NetCents Technology ROCE % Chart

NetCents Technology Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

ROCE %

NetCents Technology Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20
ROCE %	Get a 7-Day Free Trial															-352.20	-716.62	-	-	-6,976.39

NetCents Technology ROCE % Calculation

NetCents Technology's annualized ROCE % for the fiscal year that ended in Oct. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2019 )		(A: Oct. 2018 )		(A: Oct. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2019 )		(A: Oct. 2018 )		(A: Oct. 2019 )
	=	-6.618	/	( ( (6.985 - 7.278)	+	(4.078 - 6.357) )	/ 2 )
	=	-6.618	/	( (-0.293	+	-2.279)	/ 2 )
	=	-6.618	/	-1.286
	=	514.62 %

NetCents Technology's ROCE % of for the quarter that ended in Jul. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2020 )		(Q: Apr. 2020 )		(Q: Jul. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2020 )		(Q: Apr. 2020 )		(Q: Jul. 2020 )
	=	-42.556	/	( ( (5.914 - 6.994)	+	(8.346 - 6.046) )	/ 2 )
	=	-42.556	/	( ( -1.08	+	2.3 )	/ 2 )
	=	-42.556	/	0.61
	=	-6,976.39 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2020) EBIT data.

NetCents Technology (XCNQ:NC) 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.

NetCents Technology ROCE % Related Terms

Thank you for viewing the detailed overview of NetCents Technology's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

NetCents Technology (XCNQ:NC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetCents Technology Inc (XCNQ:NC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-375 Water Street, Vancouver, BC, CAN, V6B 5C6

Website

https://www.net-cents.com

NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.