Noctiluca (WAR:NCL) ROCE % : -281.31% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Noctiluca 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. Noctiluca's annualized ROCE % for the quarter that ended in Mar. 2024 was -281.31%.

Noctiluca ROCE % Historical Data

The historical data trend for Noctiluca'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.

Noctiluca ROCE % Chart

Noctiluca Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-46.45

-68.36

-148.40

Noctiluca Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							-123.33	-122.52	-95.70	-114.95	-281.31

Noctiluca ROCE % Calculation

Noctiluca'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 )
	=	-5.116	/	( ( (3.791 - 0.533)	+	(4.589 - 0.952) )	/ 2 )
	=	-5.116	/	( (3.258	+	3.637)	/ 2 )
	=	-5.116	/	3.4475
	=	-148.40 %

Noctiluca'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 )
	=	-7.224	/	( ( (4.589 - 0.952)	+	(2.702 - 1.203) )	/ 2 )
	=	-7.224	/	( ( 3.637	+	1.499 )	/ 2 )
	=	-7.224	/	2.568
	=	-281.31 %

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

Noctiluca (WAR:NCL) 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.

Noctiluca ROCE % Related Terms

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

Noctiluca (WAR:NCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Noctiluca SA (WAR:NCL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jurija Gagarina 7 / 41B, Torun, POL, 87-100

Website

https://www.noctiluca.eu

Noctiluca SA is a designer and producer of OLED emitters - a chemical compound that emits light upon application of electricity. The product portfolio of the company includes Transport layer materials, Injection layers, Blocking Layers, Host materials, and Dopants.

Noctiluca (WAR:NCL) Headlines

From GuruFocus

Northann Corp. Announces Pricing of $6,000,000 Initial Public Offering

By Marketwired • 10-19-2023