AirBoss of America (AirBoss of America) 5-Year ROIIC % : -54.24% (As of Dec. 2023)

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What is AirBoss of America 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. AirBoss of America's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -54.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AirBoss of America's 5-Year ROIIC % or its related term are showing as below:

ABSSF's 5-Year ROIIC % is ranked worse than
91.61% of 1489 companies
in the Chemicals industry
Industry Median: 4 vs ABSSF: -54.24

AirBoss of America 5-Year ROIIC % Historical Data

The historical data trend for AirBoss of America's 5-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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AirBoss of America 5-Year ROIIC % Chart

AirBoss of America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

5-Year ROIIC %

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-0.73

227.40

20.65

-24.23

-54.24

AirBoss of America Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
5-Year ROIIC %	Get a 7-Day Free Trial															-24.23	-	-	-	-54.24

Competitive Comparison of AirBoss of America's 5-Year ROIIC %

For the Specialty Chemicals subindustry, AirBoss of America's 5-Year ROIIC %, along with its competitors' market caps and 5-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.

AirBoss of America's 5-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AirBoss of America's 5-Year ROIIC % falls into.

AirBoss of America 5-Year ROIIC % Calculation

AirBoss of America's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( -36.1132506 (Dec. 2023) - 10.6507869 (Dec. 2018) )	/	( 259.605 (Dec. 2023) - 173.105 (Dec. 2018) )
	=	-46.7640375	/	86.5
	=	-54.06%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-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.

AirBoss of America (OTCPK:ABSSF) 5-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.

AirBoss of America 5-Year ROIIC % Related Terms

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AirBoss of America (AirBoss of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AirBoss of America Corp (OTCPK:ABSSF) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

2S1:Germany BOS:Canada

Address

16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8

Website

https://www.airboss.com

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.