Norwood Systems (ASX:NOR) ROCE % : 0.00% (As of Dec. 2023)

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What is Norwood Systems 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. Norwood Systems's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Norwood Systems ROCE % Historical Data

The historical data trend for Norwood Systems'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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Norwood Systems ROCE % Chart

Norwood Systems Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-1,303.72

Norwood Systems Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Norwood Systems ROCE % Calculation

Norwood Systems's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-1.827	/	( ( (0.918 - 1.727)	+	(0.753 - 1.701) )	/ 2 )
	=	-1.827	/	( (-0.809	+	-0.948)	/ 2 )
	=	-1.827	/	-0.8785
	=	207.97 %

Norwood Systems'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.956	/	( ( (0.753 - 1.701)	+	(1.068 - 0.799) )	/ 2 )
	=	-1.956	/	( ( -0.948	+	0.269 )	/ 2 )
	=	-1.956	/	-0.3395
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Norwood Systems (ASX:NOR) 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.

Norwood Systems ROCE % Related Terms

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Norwood Systems (ASX:NOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Norwood Systems Ltd (ASX:NOR) » Definitions » ROCE %

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Traded in Other Exchanges

M2G:Germany

Address

4 Leura Street, Nedlands, Perth, WA, AUS, 6009

Website

https://www.norwoodsystems.com

Norwood Systems Ltd offers innovative cognitive, voice, messaging and data services for carriers, consumers, and enterprises globally. The group provides fast, efficient, and cost-effective service platforms that enable communication service providers to deliver new, monetizable AI-powered services. Its product portfolio consists of World Phone, World Message, World secure and among others.

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