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Green Envirotech Holdings (Green Envirotech Holdings) 3-Year ROIIC % : 0.00% (As of Dec. 2018)


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What is Green Envirotech Holdings 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. Green Envirotech Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2018 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

GETH's 3-Year ROIIC % is not ranked *
in the Waste Management industry.
Industry Median: 0.345
* Ranked among companies with meaningful 3-Year ROIIC % only.

Green Envirotech Holdings 3-Year ROIIC % Historical Data

The historical data trend for Green Envirotech Holdings'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.

* Premium members only.

Green Envirotech Holdings 3-Year ROIIC % Chart

Green Envirotech Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
3-Year ROIIC %
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Green Envirotech Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Green Envirotech Holdings's 3-Year ROIIC %

For the Waste Management subindustry, Green Envirotech Holdings'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.


Green Envirotech Holdings's 3-Year ROIIC % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Green Envirotech Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Green Envirotech Holdings's 3-Year ROIIC % falls into.



Green Envirotech Holdings 3-Year ROIIC % Calculation

Green Envirotech Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2018 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -2.002 (Dec. 2018) - -0.69 (Dec. 2015) )/( 2.831 (Dec. 2018) - 0.899 (Dec. 2015) )
=-1.312/1.932
=-67.91%***

* 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.

** 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.


Green Envirotech Holdings  (OTCPK:GETH) 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.


Green Envirotech Holdings 3-Year ROIIC % Related Terms

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Green Envirotech Holdings (Green Envirotech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
14699 Holman Mountain Road, Jamestown, CA, USA, 95327
Green Envirotech Holdings Corp is a green technology company. It is engaged in transforming unusable scrap tires into valuable end products carbon black, oil and steel. It has developed a proprietary process to convert end-of-life tires and unrecyclable waste plastics into a high-grade blendstock oil using proven pyrolysis technology.
Executives
Christopher P Bowers director, 10 percent owner, officer: CEO C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Christopher Richard Smith 10 percent owner HENVILLE BUILDING PRINCE CHARLES STREET CHARLESTOWN U7 00000
Wayne H. Leggett director, officer: CFO 1315 E. BARBARA DRIVE TEMPE AZ 85281

Green Envirotech Holdings (Green Envirotech Holdings) Headlines

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