Newron Sport (Newron Sport) ROCE % : 0.00% (As of . 20)

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

Newron Sport ROCE % Historical Data

The historical data trend for Newron Sport'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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Newron Sport ROCE % Chart

Newron Sport Annual Data

Trend

ROCE %

Newron Sport Quarterly Data

ROCE %

Newron Sport ROCE % Calculation

Newron Sport'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Newron Sport'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 four times the quarterly (. 20) EBIT data.

Newron Sport (OTCPK:NSPT) 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.

Newron Sport ROCE % Related Terms

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Newron Sport (Newron Sport) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Newron Sport (OTCPK:NSPT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1333 North Buffalo Drive, Suite 210, Las Vegas, NV, USA, 89128

Website

https://www.nsptmerger.com

Newron Sport is a shell company.

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