Sherritt International (Sherritt International) 10-Year ROIIC % : 3.62% (As of Dec. 2023)

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What is Sherritt International 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Sherritt International's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 3.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Sherritt International's 10-Year ROIIC % or its related term are showing as below:

SHERF's 10-Year ROIIC % is ranked better than
66.01% of 2142 companies
in the Metals & Mining industry
Industry Median: -3.515 vs SHERF: 3.62

Sherritt International 10-Year ROIIC % Historical Data

The historical data trend for Sherritt International's 10-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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Sherritt International 10-Year ROIIC % Chart

Sherritt International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

10-Year ROIIC %

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3.79

6.87

8.18

3.21

3.62

Sherritt International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
10-Year ROIIC %	Get a 7-Day Free Trial															3.21	-	-	-	3.62

Competitive Comparison of Sherritt International's 10-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Sherritt International's 10-Year ROIIC %, along with its competitors' market caps and 10-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.

Sherritt International's 10-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sherritt International's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sherritt International's 10-Year ROIIC % falls into.

Sherritt International 10-Year ROIIC % Calculation

Sherritt International's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %	=	10-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	10-Year Incremental Invested Capital^**
	=	( -50.6279538 (Dec. 2023) - 97.5986028 (Dec. 2013) )	/	( 825.507 (Dec. 2023) - 5503.806 (Dec. 2013) )
	=	-148.2265566	/	-4678.299
	=	3.17%^***

** Annual data of NOPAT and Invested Capital was used to calculate 10-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.

Sherritt International (OTCPK:SHERF) 10-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.

Sherritt International 10-Year ROIIC % Related Terms

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Sherritt International (Sherritt International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sherritt International Corp (OTCPK:SHERF) » Definitions » 10-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

HRT:Germany S:Canada

Address

22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3

Website

https://www.sherritt.com

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.