Growth Metrics

Novagant (NVGT) Return on Capital Employed (2021 - 2023)

Novagant (NVGT) has disclosed Return on Capital Employed for 3 consecutive years, with 0.03% as the latest value for Q4 2023.

  • Quarterly Return on Capital Employed fell 1595.0% to 0.03% in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 0.03% through Dec 2023, down 1595.0% year-over-year, with the annual reading at 0.19% for FY2023, 1581.0% down from the prior year.
  • Return on Capital Employed for Q4 2023 was 0.03% at Novagant, up from 0.02% in the prior quarter.
  • The five-year high for Return on Capital Employed was 16.96% in Q2 2022, with the low at 0.14% in Q1 2023.
  • Average Return on Capital Employed over 3 years is 7.26%, with a median of 0.21% recorded in 2021.
  • The sharpest move saw Return on Capital Employed skyrocketed 1577bps in 2022, then tumbled -1701bps in 2023.
  • Over 3 years, Return on Capital Employed stood at 0.21% in 2021, then soared by 7654bps to 15.98% in 2022, then crashed by -100bps to 0.03% in 2023.
  • According to Business Quant data, Return on Capital Employed over the past three periods came in at 0.03%, 0.02%, and 0.04% for Q4 2023, Q3 2023, and Q2 2023 respectively.