Next Capital PCL (BKK:NCAP) ROCE % : -0.68% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Next Capital PCL 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. Next Capital PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.68%.

Next Capital PCL ROCE % Historical Data

The historical data trend for Next Capital PCL'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.

Next Capital PCL ROCE % Chart

Next Capital PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

24.31

4.47

5.81

0.42

2.14

Next Capital PCL Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial														8.14	0.22	-0.18	1.04	-0.68

Next Capital PCL ROCE % Calculation

Next Capital PCL'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 )
	=	147.744	/	( ( (8359.728 - 2041.466)	+	(10078.709 - 2595.365) )	/ 2 )
	=	147.744	/	( (6318.262	+	7483.344)	/ 2 )
	=	147.744	/	6900.803
	=	2.14 %

Next Capital PCL'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 )
	=	-49.88	/	( ( (10078.709 - 2595.365)	+	(9999.139 - 2774.1) )	/ 2 )
	=	-49.88	/	( ( 7483.344	+	7225.039 )	/ 2 )
	=	-49.88	/	7354.1915
	=	-0.68 %

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

Next Capital PCL (BKK:NCAP) 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.

Next Capital PCL ROCE % Related Terms

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

Next Capital PCL (BKK:NCAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Next Capital PCL (BKK:NCAP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Surawong Road, No. 163 Thai Samut Building, 15th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500

Website

https://www.nextcapital.co.th

Next Capital PCL is a financial institution that lends credit to the public but does not receive deposits. The company operates a hire-purchase loan business which is not under the supervision of the Bank of Thailand with a focus on serving retail customers who mainly want to own motorcycles by offering new motorcycle hire-purchase loans. It is engaged in two segments which are motorcycle hire-purchase and used truck hire-purchase.