GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kelt Exploration Ltd (OTCPK:KELTF) » Definitions » 1-Year ROIIC %

Kelt Exploration (Kelt Exploration) 1-Year ROIIC % : -53.54% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Kelt Exploration 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. Kelt Exploration's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -53.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

KELTF's 1-Year ROIIC % is ranked worse than
76.95% of 1002 companies
in the Oil & Gas industry
Industry Median: 1.86 vs KELTF: -53.54

Kelt Exploration 1-Year ROIIC % Historical Data

The historical data trend for Kelt Exploration'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.

Kelt Exploration 1-Year ROIIC % Chart

Kelt Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 15.48 106.84 63.81 -61.57

Kelt Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.60 -29.45 -63.95 -61.57 -53.54

Competitive Comparison of Kelt Exploration's 1-Year ROIIC %

For the Oil & Gas E&P subindustry, Kelt Exploration'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.


Kelt Exploration's 1-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kelt Exploration's 1-Year ROIIC % distribution charts can be found below:

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



Kelt Exploration 1-Year ROIIC % Calculation

Kelt Exploration's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 61.042 (Mar. 2024) - 127.7421 (Mar. 2023) )/( 911.721 (Mar. 2024) - 783.409 (Mar. 2023) )
=-66.7001/128.312
=-51.98%***

* 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.


Kelt Exploration  (OTCPK:KELTF) 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.


Kelt Exploration 1-Year ROIIC % Related Terms

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


Kelt Exploration (Kelt Exploration) Business Description

Traded in Other Exchanges
Address
311 – 6th Avenue S.W, Suite 300, Calgary, AB, CAN, T2P 3H2
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.

Kelt Exploration (Kelt Exploration) Headlines

From GuruFocus

Kelt Announces Results of Shareholders' Meeting

By GlobeNewswire GlobeNewswire 04-26-2019