NewRiver REIT (NewRiver REIT) ROCE % : 1.35% (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is NewRiver REIT 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. NewRiver REIT's annualized ROCE % for the quarter that ended in Sep. 2023 was 1.35%.

NewRiver REIT ROCE % Historical Data

The historical data trend for NewRiver REIT'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.

NewRiver REIT ROCE % Chart

NewRiver REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-1.30

-7.38

-8.47

2.65

-0.17

NewRiver REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-1.10	8.08	2.78	-3.56	1.35

NewRiver REIT ROCE % Calculation

NewRiver REIT's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-1.699	/	( ( (1079.183 - 45.059)	+	(948.422 - 36.286) )	/ 2 )
	=	-1.699	/	( (1034.124	+	912.136)	/ 2 )
	=	-1.699	/	973.13
	=	-0.17 %

NewRiver REIT's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	12.376	/	( ( (948.422 - 36.286)	+	(957.054 - 39.975) )	/ 2 )
	=	12.376	/	( ( 912.136	+	917.079 )	/ 2 )
	=	12.376	/	914.6075
	=	1.35 %

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

NewRiver REIT (OTCPK:NRWRF) 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.

NewRiver REIT ROCE % Related Terms

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

NewRiver REIT (NewRiver REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewRiver REIT PLC (OTCPK:NRWRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NRRl:UK NRR:UK

Address

89 Whitfield Street, London, GBR, W1T 4DE

Website

https://www.nrr.co.uk

NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.