NZI Technical Protection (XMAD:NZI) ROCE % : 0.00% (As of . 20)

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What is NZI Technical Protection 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. NZI Technical Protection's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

NZI Technical Protection ROCE % Historical Data

The historical data trend for NZI Technical Protection'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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NZI Technical Protection ROCE % Chart

NZI Technical Protection Annual Data

Trend

ROCE %

NZI Technical Protection Semi-Annual Data

ROCE %

NZI Technical Protection ROCE % Calculation

NZI Technical Protection's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

NZI Technical Protection's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

NZI Technical Protection (XMAD:NZI) 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.

NZI Technical Protection ROCE % Related Terms

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NZI Technical Protection Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NZI Technical Protection SA (XMAD:NZI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avda. de la Paz, Yecla, Murcia, ESP, 30510

Website

https://www.nzi.es

NZI Technical Protection SA is a Company whose business purpose is the development, manufacturing, and marketing of personal protective equipment.

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