Ascendant Resources (Ascendant Resources) 3-Year ROIIC % : -3.45% (As of Dec. 2023)

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What is Ascendant Resources 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Ascendant Resources's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -3.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ascendant Resources's 3-Year ROIIC % or its related term are showing as below:

ASDRF's 3-Year ROIIC % is ranked better than
53.54% of 2161 companies
in the Metals & Mining industry
Industry Median: -5.09 vs ASDRF: -3.45

Ascendant Resources 3-Year ROIIC % Historical Data

The historical data trend for Ascendant Resources's 3-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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Ascendant Resources 3-Year ROIIC % Chart

Ascendant Resources Annual Data

Trend

Jul14

Jul15

Jul16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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0.28

-26.97

12.17

4.01

-3.45

Ascendant Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
3-Year ROIIC %	Get a 7-Day Free Trial															-	-	-	-3.45	-

Competitive Comparison of Ascendant Resources's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Ascendant Resources's 3-Year ROIIC %, along with its competitors' market caps and 3-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.

Ascendant Resources's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ascendant Resources's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ascendant Resources's 3-Year ROIIC % falls into.

Ascendant Resources 3-Year ROIIC % Calculation

Ascendant Resources's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( -2.897 (Dec. 2023) - -2.442 (Dec. 2020) )	/	( 21.744 (Dec. 2023) - 5.584 (Dec. 2020) )
	=	-0.455	/	16.16
	=	-2.82%^***

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.

Ascendant Resources (OTCPK:ASDRF) 3-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.

Ascendant Resources 3-Year ROIIC % Related Terms

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Ascendant Resources (Ascendant Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ascendant Resources Inc (OTCPK:ASDRF) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

2D9:Germany ASND:Canada

Address

200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2

Website

https://www.ascendantresources.com

Ascendant Resources Inc is a mining company. The company is engaged in evaluating resource opportunities. It is focused on its own producing El Mochito zinc, silver and lead mine. The El Mochito mine is located in northwestern Honduras. The underground operation takes advantage of selective and bulk underground mining methods to mine multiple flat-lying manto deposits and high-grade vertical chimneys, producing zinc and lead concentrates with silver credits. It also holds an interest in Lagoa Salgada Project.