Navigator Global Investments (ASX:NGI) ROCE % : 14.64% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Navigator Global Investments 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. Navigator Global Investments's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.64%.

Navigator Global Investments ROCE % Historical Data

The historical data trend for Navigator Global Investments'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.

Navigator Global Investments ROCE % Chart

Navigator Global Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

17.50

11.90

12.35

19.20

13.93

Navigator Global Investments 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															20.50	18.27	10.59	16.55	14.64

Navigator Global Investments ROCE % Calculation

Navigator Global Investments'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 )
	=	120.718	/	( ( (958.217 - 143.717)	+	(1136.758 - 218.52) )	/ 2 )
	=	120.718	/	( (814.5	+	918.238)	/ 2 )
	=	120.718	/	866.369
	=	13.93 %

Navigator Global Investments'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 )
	=	118.71	/	( ( (1136.758 - 218.52)	+	(1174.728 - 471.517) )	/ 2 )
	=	118.71	/	( ( 918.238	+	703.211 )	/ 2 )
	=	118.71	/	810.7245
	=	14.64 %

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

Navigator Global Investments (ASX:NGI) 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.

Navigator Global Investments ROCE % Related Terms

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

Navigator Global Investments (ASX:NGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Navigator Global Investments Ltd (ASX:NGI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HFAHF:USA HVH:Germany

Address

9 Sherwood Road, Toowong, Toowong Tower, Level 3, Toowong, Brisbane, QLD, AUS, 4066

Website

https://www.navigatorglobal.com.au

Navigator Global Investments Ltd is a holding company. The company is engaged in the provision of investment management products and services to investors. Its operating segment includes Lighthouse, NGI Strategic and Corporate. The company generates maximum revenue from the Lighthouse segment, which operates as a global absolute return funds manager for investment vehicles. The company has invested into diversified alternative asset management companies. The NGI Strategic segment holds several strategic investments on a minority basis. Including the strategic portfolio, Marble Capital and Invictus Capital investments.

Navigator Global Investments (ASX:NGI) Headlines

No Headlines