NextGen Food Robotics (FRA:O83) ROCE % : -61.68% (As of Jan. 2024)

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

What is NextGen Food Robotics 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. NextGen Food Robotics's annualized ROCE % for the quarter that ended in Jan. 2024 was -61.68%.

NextGen Food Robotics ROCE % Historical Data

The historical data trend for NextGen Food Robotics'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.

NextGen Food Robotics ROCE % Chart

NextGen Food Robotics Annual Data

Trend

Apr22

Apr23

ROCE %

-28.81

-54.98

NextGen Food Robotics Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial						-27.21	-175.67	-313.71	-179.50	-61.68

NextGen Food Robotics ROCE % Calculation

NextGen Food Robotics's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-1.292	/	( ( (3.486 - 0.244)	+	(1.598 - 0.14) )	/ 2 )
	=	-1.292	/	( (3.242	+	1.458)	/ 2 )
	=	-1.292	/	2.35
	=	-54.98 %

NextGen Food Robotics's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-1.436	/	( ( (2.818 - 0.695)	+	(2.702 - 0.169) )	/ 2 )
	=	-1.436	/	( ( 2.123	+	2.533 )	/ 2 )
	=	-1.436	/	2.328
	=	-61.68 %

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

NextGen Food Robotics (FRA:O83) 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.

NextGen Food Robotics ROCE % Related Terms

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

NextGen Food Robotics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NextGen Food Robotics Corp (FRA:O83) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NGRBF:USA NGRB:Canada

Address

855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9

Website

https://www.nextgenai.ca

NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

NextGen Food Robotics Headlines

No Headlines