GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SIC Insurance Co Ltd (XGHA:SIC) » Definitions » 3-Year ROIIC %

SIC Insurance Co (XGHA:SIC) 3-Year ROIIC % : 0.00% (As of Dec. 2022)


View and export this data going back to 2008. Start your Free Trial

What is SIC Insurance Co 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. SIC Insurance Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 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 SIC Insurance Co's 3-Year ROIIC % or its related term are showing as below:

XGHA:SIC's 3-Year ROIIC % is not ranked *
in the Insurance industry.
Industry Median: 3.14
* Ranked among companies with meaningful 3-Year ROIIC % only.

SIC Insurance Co 3-Year ROIIC % Historical Data

The historical data trend for SIC Insurance Co'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.

SIC Insurance Co 3-Year ROIIC % Chart

SIC Insurance Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.72 8.36 9.68 17.04 5.78

SIC Insurance Co Quarterly Data
Dec15 Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
3-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 - - - 17.04 5.78

Competitive Comparison of SIC Insurance Co's 3-Year ROIIC %

For the Insurance - Property & Casualty subindustry, SIC Insurance Co'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.


SIC Insurance Co's 3-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SIC Insurance Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where SIC Insurance Co's 3-Year ROIIC % falls into.



SIC Insurance Co 3-Year ROIIC % Calculation

SIC Insurance Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 19.8334078 (Dec. 2022) - 13.5552456 (Dec. 2019) )/( 545.94375 (Dec. 2022) - 437.29485 (Dec. 2019) )
=6.2781622/108.6489
=5.78%***

* 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.


SIC Insurance Co  (XGHA:SIC) 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.


SIC Insurance Co 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of SIC Insurance Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


SIC Insurance Co (XGHA:SIC) Business Description

Traded in Other Exchanges
N/A
Address
28/29 Ring Road East, Nyemitei House, P. O. Box 2363, Osu, Accra, GHA
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products including Motor insurance, Fire insurance, Marine and aviation insurance; and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.

SIC Insurance Co (XGHA:SIC) Headlines

From GuruFocus