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Niko Resources (Niko Resources) 3-Year ROIIC % : 0.00% (As of Mar. 2018)


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What is Niko 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. Niko Resources's 3-Year ROIIC % for the quarter that ended in Mar. 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 Niko Resources's 3-Year ROIIC % or its related term are showing as below:

NKRSF's 3-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: 8.21
* Ranked among companies with meaningful 3-Year ROIIC % only.

Niko Resources 3-Year ROIIC % Historical Data

The historical data trend for Niko 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.

* Premium members only.

Niko Resources 3-Year ROIIC % Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
3-Year ROIIC %
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Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Niko Resources's 3-Year ROIIC %

For the Oil & Gas E&P subindustry, Niko 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.


Niko Resources's 3-Year ROIIC % Distribution in the Oil & Gas Industry

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

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



Niko Resources 3-Year ROIIC % Calculation

Niko Resources's 3-Year ROIIC % for the quarter that ended in Mar. 2018 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -46.566 (Mar. 2018) - -92.6851332 (Mar. 2015) )/( 640.407 (Mar. 2018) - 903.456 (Mar. 2015) )
=46.1191332/-263.049
=-17.53%***

* 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.


Niko Resources  (OTCPK:NKRSF) 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.


Niko Resources 3-Year ROIIC % Related Terms

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Niko Resources (Niko Resources) Business Description

Traded in Other Exchanges
N/A
Address
205 - 5th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 2V7
Niko Resources Ltd is an oil and natural gas exploration and production company.

Niko Resources (Niko Resources) Headlines

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