New Wave Holdings (XCNQ:NWAI) ROCE % : -46.99% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is New Wave Holdings 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. New Wave Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -46.99%.

New Wave Holdings ROCE % Historical Data

The historical data trend for New Wave Holdings'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.

New Wave Holdings ROCE % Chart

New Wave Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-53.16

-279.20

-570.71

-245.39

-52.31

New Wave Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															20.83	-94.41	-39.57	-40.56	-46.99

New Wave Holdings ROCE % Calculation

New Wave Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-1.049	/	( ( (3.163 - 0.688)	+	(2.446 - 0.91) )	/ 2 )
	=	-1.049	/	( (2.475	+	1.536)	/ 2 )
	=	-1.049	/	2.0055
	=	-52.31 %

New Wave Holdings'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.92	/	( ( (2.947 - 1.03)	+	(2.981 - 0.982) )	/ 2 )
	=	-0.92	/	( ( 1.917	+	1.999 )	/ 2 )
	=	-0.92	/	1.958
	=	-46.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

New Wave Holdings (XCNQ:NWAI) 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.

New Wave Holdings ROCE % Related Terms

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

New Wave Holdings (XCNQ:NWAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New Wave Holdings Corp (XCNQ:NWAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TRMNF:USA 0XM0:Germany

Address

1055 W Georgia Street, Suite 1500, Royal Centre, Vancouver, AB, CAN, V6E 4N7

Website

https://www.newwavecorp.com

New Wave Holdings Corp is an investment issuer and its objective is to generate income and achieve long term capital appreciation through investments focused on e-sports, NFT (non-fungible token), metaverse, blockchain and Web 3 sectors.

New Wave Holdings (XCNQ:NWAI) Headlines

No Headlines