Nextgen Digital Platforms (XCNQ:NXT) ROCE % : -891.95% (As of Dec. 2024)

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What is Nextgen Digital Platforms 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. Nextgen Digital Platforms's annualized ROCE % for the quarter that ended in Dec. 2024 was -891.95%.

Nextgen Digital Platforms ROCE % Historical Data

The historical data trend for Nextgen Digital Platforms'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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Nextgen Digital Platforms ROCE % Chart

Nextgen Digital Platforms Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-240.68

-55.11

Nextgen Digital Platforms Quarterly Data
	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial				-	-60.10	-40.36	-121.44	-891.95

Nextgen Digital Platforms ROCE % Calculation

Nextgen Digital Platforms's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-0.132	/	( ( (0.096 - 0.023)	+	(0.436 - 0.03) )	/ 2 )
	=	-0.132	/	( (0.073	+	0.406)	/ 2 )
	=	-0.132	/	0.2395
	=	-55.11 %

Nextgen Digital Platforms's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-1.552	/	( ( (0.298 - 0.026)	+	(0.16 - 0.084) )	/ 2 )
	=	-1.552	/	( ( 0.272	+	0.076 )	/ 2 )
	=	-1.552	/	0.174
	=	-891.95 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Nextgen Digital Platforms (XCNQ:NXT) 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.

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Nextgen Digital Platforms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nextgen Digital Platforms Inc (XCNQ:NXT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

Z12:Germany

Address

70 Trius Drive, Second Floor, Fredericton, NB, CAN, E3B 5E3

Website

https://www.nextgendigital.ca

Nextgen Digital Platforms Inc develops and acquires revenue-generating micro-technology digital platforms. It is developing a line of business referred to as Cloud AI Hosting (Cloud AI Hosting), a hardware-as-a-service business whereby the computing power of NextGen's specialized hardware workstations are leased to third-party end users for artificial intelligence applications, via a cloud-based portal.

Executives