Nextferm Technologies (XTAE:NXFR) ROCE % : 0.00% (As of . 20)

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

Nextferm Technologies ROCE % Historical Data

The historical data trend for Nextferm Technologies'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.
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Nextferm Technologies ROCE % Chart

Nextferm Technologies Annual Data

Trend

ROCE %

Nextferm Technologies Semi-Annual Data

ROCE %

Nextferm Technologies ROCE % Calculation

Nextferm Technologies'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Nextferm Technologies'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.

Nextferm Technologies (XTAE:NXFR) 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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Nextferm Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nextferm Technologies Ltd (XTAE:NXFR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Haytzira Street, Yokneam, ISR, 2066728

Website

https://www.nextferm.com

Nextferm Technologies Ltd is engaged in the research, development, production, and marketing of yeast-based technologies and products. Its products namely Astaferm and ProteVin mainly used by the food industry, including food additives, animal protein substitutes, and other products. Astaferm is an astaxanthin-rich extract derived from the Phaffia yeast.

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