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Patterson Metals (TSXV:PAT) 1-Year ROIIC % : 102.28% (As of Jul. 2024)


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What is Patterson Metals 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. Patterson Metals's 1-Year ROIIC % for the quarter that ended in Jul. 2024 was 102.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:PAT's 1-Year ROIIC % is ranked better than
83.73% of 166 companies
in the Other Energy Sources industry
Industry Median: -5.77 vs TSXV:PAT: 102.28

Patterson Metals 1-Year ROIIC % Historical Data

The historical data trend for Patterson Metals'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.

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Patterson Metals 1-Year ROIIC % Chart

Patterson Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -260.62 1,512.50 -130.85

Patterson Metals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -1,480.00 -130.85 -153.22 -176.80 102.28

Competitive Comparison of Patterson Metals's 1-Year ROIIC %

For the Uranium subindustry, Patterson Metals'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.


Patterson Metals's 1-Year ROIIC % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Patterson Metals's 1-Year ROIIC % distribution charts can be found below:

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



Patterson Metals 1-Year ROIIC % Calculation

Patterson Metals's 1-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.18 (Jul. 2024) - -0.764 (Jul. 2023) )/( 0.87 (Jul. 2024) - 0.299 (Jul. 2023) )
=0.584/0.571
=102.28%***

* 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.


Patterson Metals  (TSXV:PAT) 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.


Patterson Metals 1-Year ROIIC % Related Terms

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Patterson Metals Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Patterson Metals Corp formerly Trench Metals Corp is engaged in the business of exploration and mining metals. The projects of the company include The Higginson Lake Uranium Project, The Spreckley Lake Uranium Project, and The Carter Lake Uranium Project.

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