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Qlife Holding AB (OSTO:QLIFE) 1-Year ROIIC % : 28.04% (As of Sep. 2023)


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What is Qlife Holding AB 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. Qlife Holding AB's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was 28.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OSTO:QLIFE's 1-Year ROIIC % is ranked better than
72.54% of 834 companies
in the Medical Devices & Instruments industry
Industry Median: -1.37 vs OSTO:QLIFE: 28.04

Qlife Holding AB 1-Year ROIIC % Historical Data

The historical data trend for Qlife Holding AB'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.

Qlife Holding AB 1-Year ROIIC % Chart

Qlife Holding AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
1-Year ROIIC %
- 101.11 -101.87 -48.66

Qlife Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -37.72 -48.66 -35.24 153.07 28.04

Competitive Comparison of Qlife Holding AB's 1-Year ROIIC %

For the Medical Devices subindustry, Qlife Holding AB'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.


Qlife Holding AB's 1-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Qlife Holding AB's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Qlife Holding AB's 1-Year ROIIC % falls into.



Qlife Holding AB 1-Year ROIIC % Calculation

Qlife Holding AB's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -78.9736 (Sep. 2023) - -66.5379 (Sep. 2022) )/( 154.181 (Sep. 2023) - 198.531 (Sep. 2022) )
=-12.4357/-44.35
=28.04%***

* 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.


Qlife Holding AB  (OSTO:QLIFE) 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.


Qlife Holding AB 1-Year ROIIC % Related Terms

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Qlife Holding AB (OSTO:QLIFE) Business Description

Traded in Other Exchanges
Address
Redaregatan 48, Helsingborg, SWE, SE-252 36
Qlife Holding AB is a medical device company that seeks to revolutionize the clinical biomarker testing of whole blood by taking it out of the lab and into the homes of the people who needs it. The Egoo Home System is an integrated platform consisting of a small home device and disposable capsules, each of which tests for a specific biomarker. It provides a digital infrastructure for sharing the data with the patient's doctor, clinic or hospital via smartphone and computer.

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