Netanel Menivim (XTAE:NTNB) ROCE % : 0.00% (As of . 20)

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What is Netanel Menivim 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. Netanel Menivim's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Netanel Menivim ROCE % Historical Data

The historical data trend for Netanel Menivim'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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Netanel Menivim ROCE % Chart

Netanel Menivim Annual Data

Trend

ROCE %

Netanel Menivim Semi-Annual Data

ROCE %

Netanel Menivim ROCE % Calculation

Netanel Menivim's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Netanel Menivim's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Netanel Menivim (XTAE:NTNB) 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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Netanel Menivim Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Netanel Menivim Ltd (XTAE:NTNB) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Street Sokolov 48, Holon, ISR

Website

Netanel Menivim Ltd provides real estate services. Its business activities include the development and realization of construction and real estate projects.

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