GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ironbark Zinc Ltd (ASX:IBG) » Definitions » 1-Year ROIIC %

Ironbark Zinc (ASX:IBG) 1-Year ROIIC % : 552.32% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Ironbark Zinc 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Ironbark Zinc's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 552.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ironbark Zinc's 1-Year ROIIC % or its related term are showing as below:

ASX:IBG's 1-Year ROIIC % is ranked better than
93.01% of 2332 companies
in the Metals & Mining industry
Industry Median: -2.16 vs ASX:IBG: 552.32

Ironbark Zinc 1-Year ROIIC % Historical Data

The historical data trend for Ironbark Zinc's 1-Year ROIIC % 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.

Ironbark Zinc 1-Year ROIIC % Chart

Ironbark Zinc Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.30 -18.38 -42.27 -42.57 102.79

Ironbark Zinc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-Year ROIIC % 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 30.81 -42.57 1.00 102.79 552.32

Competitive Comparison of Ironbark Zinc's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Ironbark Zinc's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Ironbark Zinc's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ironbark Zinc's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ironbark Zinc's 1-Year ROIIC % falls into.



Ironbark Zinc 1-Year ROIIC % Calculation

Ironbark Zinc's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -58.509 (Dec. 2023) - -2.134 (Dec. 2022) )/( 4.692 (Dec. 2023) - 14.899 (Dec. 2022) )
=-56.375/-10.207
=552.32%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Ironbark Zinc  (ASX:IBG) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Ironbark Zinc 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Ironbark Zinc's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ironbark Zinc (ASX:IBG) Business Description

Traded in Other Exchanges
N/A
Address
22 Railway Road, Units 32/33, Subiaco, WA, AUS, 6008
Ironbark Zinc Ltd explores and evaluates mineral properties in Greenland and Australia. The company primarily explores for zinc, gold, copper, silver, lead, and precious metals. Its projects include the Citronen zinc- lead project located in northern Greenland, and the Captains Flat project, Peakview project and the Fiery Creek project located in New South Wales.

Ironbark Zinc (ASX:IBG) Headlines

No Headlines