Nextdoor Holdings (Nextdoor Holdings) ROCE % : -22.80% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nextdoor 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. Nextdoor Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -22.80%.

Nextdoor Holdings ROCE % Historical Data

The historical data trend for Nextdoor 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.

Nextdoor Holdings ROCE % Chart

Nextdoor Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-41.31

-19.11

-19.60

-26.83

Nextdoor Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											-23.41	-25.34	-27.68	-30.39	-22.80

Nextdoor Holdings ROCE % Calculation

Nextdoor Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-172.284	/	( ( (699.562 - 34.663)	+	(654.564 - 35.411) )	/ 2 )
	=	-172.284	/	( (664.899	+	619.153)	/ 2 )
	=	-172.284	/	642.026
	=	-26.83 %

Nextdoor Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-138.996	/	( ( (654.564 - 35.411)	+	(633.081 - 32.704) )	/ 2 )
	=	-138.996	/	( ( 619.153	+	600.377 )	/ 2 )
	=	-138.996	/	609.765
	=	-22.80 %

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

Nextdoor Holdings (NYSE:KIND) 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.

Nextdoor Holdings ROCE % Related Terms

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

Nextdoor Holdings (Nextdoor Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nextdoor Holdings Inc (NYSE:KIND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

420 Taylor Street, San Francisco, CA, USA, 94102

Website

https://www.nextdoor.com

Nextdoor Holdings Inc is the platform to connect to the neighborhoods. The purpose is to cultivate a kinder world where everyone has a neighborhood. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with nearby neighbors, businesses, and public services.

Executives

John Orta	officer: Head of Legal and Secretary	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94012
Dana L Evan	director	550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Greylock 16 Gp Llc	other: Member of 10% owner group	2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
David L Sze	director	GREYLOCK, 880 WINTER STREET SUITE 300, WALTHAM MA 02451
Mary G Meeker	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Pressman	director	2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock 16 Limited Partnership	other: Member of 10% owner group	1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16-a Limited Partnership	other: Member of 10% owner group	1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16 Principals Lp	other: Member of 10% owner group	1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Shasta Ventures Ii Gp, Llc	10 percent owner	2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock Discovery Fund Llc	10 percent owner	2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Sarah Friar	director, officer: CEO and President	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Andrea M Wishom	director	651 BRANNAN ST., SAN FRANCISCO CA 94107
Benchmark Capital Management Co. Viii, L.l.c.	10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062
Benchmark Capital Partners Viii, L.p.	10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062