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Imperial Logistics (Imperial Logistics) ROIC % : 6.04% (As of Jun. 2021)


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What is Imperial Logistics ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Imperial Logistics's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2021 was 6.04%.

As of today (2024-05-05), Imperial Logistics's WACC % is 0.00%. Imperial Logistics's ROIC % is 0.00% (calculated using TTM income statement data). Imperial Logistics earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Imperial Logistics ROIC % Historical Data

The historical data trend for Imperial Logistics's ROIC % 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.

Imperial Logistics ROIC % Chart

Imperial Logistics Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 2.92 -1.57 1.56 5.88

Imperial Logistics Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.91 6.90 -1.12 5.32 6.04

Competitive Comparison of Imperial Logistics's ROIC %

For the Integrated Freight & Logistics subindustry, Imperial Logistics's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Imperial Logistics's ROIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Imperial Logistics's ROIC % distribution charts can be found below:

* The bar in red indicates where Imperial Logistics's ROIC % falls into.



Imperial Logistics ROIC % Calculation

Imperial Logistics's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2021 is calculated as:

ROIC % (A: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2020 ) + Invested Capital (A: Jun. 2021 ))/ count )
=138.862 * ( 1 - 33.91% )/( (1747.383 + 1371.585)/ 2 )
=91.7738958/1559.484
=5.88 %

where

Invested Capital(A: Jun. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2481.937 - 554.33 - ( 196.916 - max(0, 959.543 - 1139.767+196.916))
=1747.383

Invested Capital(A: Jun. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2179.888 - 719.538 - ( 88.765 - max(0, 719.538 - 856.747+88.765))
=1371.585

Imperial Logistics's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2021 is calculated as:

ROIC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=133.112 * ( 1 - 33.05% )/( (1580.79 + 1371.585)/ 2 )
=89.118484/1476.1875
=6.04 %

where

Invested Capital(Q: Dec. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2183.741 - 621.027 - ( 107.245 - max(0, 898.547 - 880.471+107.245))
=1580.79

Invested Capital(Q: Jun. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2179.888 - 719.538 - ( 88.765 - max(0, 719.538 - 856.747+88.765))
=1371.585

Note: The Operating Income data used here is two times the semi-annual (Jun. 2021) data.

* 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.


Imperial Logistics  (OTCPK:IHLDY) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Imperial Logistics's WACC % is 0.00%. Imperial Logistics's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Imperial Logistics ROIC % Related Terms

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Imperial Logistics (Imperial Logistics) Business Description

Traded in Other Exchanges
N/A
Address
79 Boeing Road East, Jeppe Quondam, Imperial Place, Bedfordview, Johannesburg, GT, ZAF, 2007
Imperial Logistics Ltd is a South Africa based integrated outsourced logistics service provider. Services offered by the company include customised value-add logistics, supply chain management and route-to-market solutions. It has a diversified presence across Africa and Europe. The company mainly serves to agriculture, automotive, chemicals and energy, healthcare, consumer packaged goods, machinery and equipment and manufacturing and mining industries.

Imperial Logistics (Imperial Logistics) Headlines

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