GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Moonbound Mining Ltd (XCNQ:MML) » Definitions » 1-Year ROIIC %

Moonbound Mining (XCNQ:MML) 1-Year ROIIC % : -1.81% (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Moonbound Mining 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. Moonbound Mining's 1-Year ROIIC % for the quarter that ended in Jan. 2024 was -1.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:MML's 1-Year ROIIC % is ranked worse than
50.79% of 2351 companies
in the Metals & Mining industry
Industry Median: -1.19 vs XCNQ:MML: -1.81

Moonbound Mining 1-Year ROIIC % Historical Data

The historical data trend for Moonbound Mining'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.

Moonbound Mining 1-Year ROIIC % Chart

Moonbound Mining Annual Data
Trend Apr22 Apr23
1-Year ROIIC %
- -

Moonbound Mining Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only - - - -14.61 -1.81

Competitive Comparison of Moonbound Mining's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Moonbound Mining'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.


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

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

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



Moonbound Mining 1-Year ROIIC % Calculation

Moonbound Mining's 1-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.652 (Jan. 2024) - -0.138 (Jan. 2023) )/( 28.501 (Jan. 2024) - 0.07 (Jan. 2023) )
=-0.514/28.431
=-1.81%***

* 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.


Moonbound Mining  (XCNQ:MML) 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.


Moonbound Mining 1-Year ROIIC % Related Terms

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


Moonbound Mining (XCNQ:MML) Business Description

Traded in Other Exchanges
N/A
Address
200 Granville Street, Suite 2820, Vancouver, BC, CAN, V6C 1S4
Moonbound Mining Ltd is a mineral exploration and development company focused on the Yak Property in Northwestern British Columbia, Canada. The Company's principal business activities include the acquisition and exploration of mineral property assets.

Moonbound Mining (XCNQ:MML) Headlines

No Headlines