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Mexco Energy (Mexco Energy) 3-Year ROIIC % : 86.61% (As of Mar. 2023)


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What is Mexco Energy 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. Mexco Energy's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 86.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MXC's 3-Year ROIIC % is ranked better than
86.75% of 1019 companies
in the Oil & Gas industry
Industry Median: 8.21 vs MXC: 86.61

Mexco Energy 3-Year ROIIC % Historical Data

The historical data trend for Mexco Energy'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.

Mexco Energy 3-Year ROIIC % Chart

Mexco Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.42 -18.58 32.72 112.71 86.61

Mexco Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 86.61 - - -

Competitive Comparison of Mexco Energy's 3-Year ROIIC %

For the Oil & Gas E&P subindustry, Mexco Energy'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.


Mexco Energy's 3-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mexco Energy's 3-Year ROIIC % distribution charts can be found below:

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



Mexco Energy 3-Year ROIIC % Calculation

Mexco Energy's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 4.6667456 (Mar. 2023) - -0.064 (Mar. 2020) )/( 15.382 (Mar. 2023) - 9.92 (Mar. 2020) )
=4.7307456/5.462
=86.61%***

* 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.


Mexco Energy  (AMEX:MXC) 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.


Mexco Energy 3-Year ROIIC % Related Terms

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


Mexco Energy (Mexco Energy) Business Description

Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.
Executives
Thomas H Decker director 271 HARBOR ROAD, RYE NH 03870
Tammy Mccomic officer: Vice President and Treasurer 4417 W. STOREY, MIDLAND TX 79703
Stacy D. Hardin officer: SECRETARY 2604 CIMMARON AVENUE, MIDLAND TX 79705
Donna Gail Yanko director, officer: Vice President and Secretary
Tom Craddick director 500 WEST TEXAS, SUITE 880, MIDLAND TX 79701
Michael J Banschbach director 505 N. BIG SPRING, SUITE 504, MIDLAND TX 79701
Kenneth L. Clayton director 12,335 BROKEN BOUGH DRIVE, HOUSTON TX 77024
Nicholas C Taylor director, 10 percent owner, officer: President 1203 COUNTRY CLUB DRIVE, MIDLAND TX 79701
Christopher M Schroeder director 5627 POTOMAC AVENUE NW, WASHINGTON DC 20016
Jack D Ladd director PO BOX 1540, MIDLAND TX 79702
Cox Howard E Jr 10 percent owner 880 WINTER ST 3RD FLOOR, WALTHAM MA 02451
Thomas Jr Graham director, other: Chairman of the Board C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Paul G Hines director 17 TRACHELLE LANE, CHARLESTON SC 29407
Jeffry A Smith director P O BOX 1374, MIDLAND TX 79702
Arden R Grover director