NewGenIvf Group (NewGenIvf Group) ROCE % : 0.00% (As of Jun. 2023)

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What is NewGenIvf Group 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. NewGenIvf Group's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

NewGenIvf Group ROCE % Historical Data

The historical data trend for NewGenIvf Group'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.

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NewGenIvf Group ROCE % Chart

NewGenIvf Group Annual Data

Trend

Dec21

Dec22

ROCE %

NewGenIvf Group Quarterly Data
	Dec21	Jun22	Dec22	Jun23
ROCE %	-	-	-	-

NewGenIvf Group ROCE % Calculation

NewGenIvf Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.422	/	( ( (1.413 - 2.066)	+	(2.905 - 2.556) )	/ 2 )
	=	0.422	/	( (-0.653	+	0.349)	/ 2 )
	=	0.422	/	-0.152
	=	-277.63 %

NewGenIvf Group's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	0	/	( ( (2.905 - 2.556)	+	(1.45 - 1.341) )	/ 2 )
	=	0	/	( ( 0.349	+	0.109 )	/ 2 )
	=	0	/	0.229
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

NewGenIvf Group (NAS:NIVF) 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.

NewGenIvf Group ROCE % Related Terms

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NewGenIvf Group (NewGenIvf Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110

Website

https://www.newgenivf.com

NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.

NewGenIvf Group (NewGenIvf Group) Headlines

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