IBKKF (iMining Technologies) ROIC %: -18.63% (As of Feb. 2022)


What is iMining Technologies ROIC %?

iMining Technologies IBKKF ROIC % is -18.63% as of Feb. 2022.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. iMining Technologies's annualized return on invested capital (ROIC %) for the quarter that ended in Feb. 2022 was -18.63%.

As of today (2026-07-04), iMining Technologies's WACC % is 0.00%. iMining Technologies's ROIC % is 0.00% (calculated using TTM income statement data). iMining Technologies earns returns that do not match up to its cost of capital. It will destroy value as it grows.


iMining Technologies  (OTCPK:IBKKF) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, iMining Technologies's WACC % is 0.00%. iMining Technologies's ROIC % is 0.00% (calculated using TTM income statement data). iMining Technologies earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


iMining Technologies ROIC % Related Terms


iMining Technologies ROIC % Historical Data

* Premium members only.

The historical data trend for iMining Technologies's ROIC % 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.

iMining Technologies ROIC % Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.65 -21.97 -114.78 -38.82 -16.04

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
ROIC % 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 -44,400.00 -89.49 -9.43 3.07 -18.63

IBKKF vs FDCT, SYSX, EQOSQ: ROIC % Comparison

For the Capital Markets subindustry, iMining Technologies's ROIC %, along with its competitors' market caps and ROIC % 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.


iMining Technologies ROIC % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iMining Technologies's ROIC % distribution charts can be found below:

* The bar in red indicates where iMining Technologies's ROIC % falls into.



iMining Technologies ROIC % Calculation

iMining Technologies's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in May. 2021 is calculated as:

ROIC % (A: May. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: May. 2020 ) + Invested Capital (A: May. 2021 ))/ count )
=-2.931 * ( 1 - 32.91% )/( (0 + 12.256)/ 2 )
=-1.9664079/6.128
=-32.09 %

where

iMining Technologies's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Feb. 2022 is calculated as:

ROIC % (Q: Feb. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2021 ) + Invested Capital (Q: Feb. 2022 ))/ count )
=-2.728 * ( 1 - 0% )/( (14.754 + 14.533)/ 2 )
=-2.728/14.6435
=-18.63 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2022) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of -18.63% mean?
iMining Technologies (IBKKF) has a ROIC % of -18.63% as of Feb. 2022. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on iMining Technologies and its competitors.
Is iMining Technologies' ROIC % too high?
iMining Technologies' current ROIC % is -18.63%.
How does iMining Technologies' ROIC % compare to FDCT and SYSX?
iMining Technologies' ROIC % of -18.63% can be compared against companies in the Capital Markets industry. The industry median ROIC % is 1.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Capital Markets company?
The median ROIC % among Capital Markets companies is 1.27, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on iMining Technologies and its competitors. For the Capital Markets industry, the median ROIC % is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iMining Technologies's current ROIC % is -18.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iMining Technologies stock overvalued right now?
iMining Technologies (IBKKF) has a current ROIC % of -18.63%. The current ROIC % is -18.63%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For iMining Technologies (IBKKF), the current ROIC % is -18.63% as of Feb. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

iMining Technologies Business Description

Address 750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.