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Slam Exploration (Slam Exploration) 1-Year ROIIC % : 1,883.33% (As of Oct. 2023)


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What is Slam 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. Slam Exploration's 1-Year ROIIC % for the quarter that ended in Oct. 2023 was 1,883.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SLMXF's 1-Year ROIIC % is ranked better than
96.78% of 2332 companies
in the Metals & Mining industry
Industry Median: -2.205 vs SLMXF: 1883.33

Slam Exploration 1-Year ROIIC % Historical Data

The historical data trend for Slam 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.

Slam Exploration 1-Year ROIIC % Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.50 -30.94 -12.47 -10.54 166.25

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 20.70 166.25 154.88 92.47 1,883.33

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

For the Gold subindustry, Slam 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.


Slam Exploration's 1-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Slam Exploration 1-Year ROIIC % Calculation

Slam Exploration's 1-Year ROIIC % for the quarter that ended in Oct. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.293 (Oct. 2023) - -0.131 (Oct. 2022) )/( 1.087 (Oct. 2023) - 1.098 (Oct. 2022) )
=-0.162/-0.011
=1,472.73%***

* 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.


Slam Exploration  (OTCPK:SLMXF) 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.


Slam Exploration 1-Year ROIIC % Related Terms

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Slam Exploration (Slam Exploration) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.

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