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Azimut Exploration (Azimut Exploration) 10-Year ROIIC % : -2.74% (As of Aug. 2023)


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What is Azimut Exploration 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. Azimut Exploration's 10-Year ROIIC % for the quarter that ended in Aug. 2023 was -2.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

AZMTF's 10-Year ROIIC % is ranked better than
52.12% of 2143 companies
in the Metals & Mining industry
Industry Median: -3.52 vs AZMTF: -2.74

Azimut Exploration 10-Year ROIIC % Historical Data

The historical data trend for Azimut Exploration'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.

* Premium members only.

Azimut Exploration 10-Year ROIIC % Chart

Azimut Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.05 4.47 1.17 11.13 -2.74

Azimut Exploration Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
10-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 - - -2.74 - -

Competitive Comparison of Azimut Exploration's 10-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Azimut Exploration'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.


Azimut Exploration's 10-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Azimut Exploration 10-Year ROIIC % Calculation

Azimut Exploration's 10-Year ROIIC % for the quarter that ended in Aug. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -1.217 (Aug. 2023) - -0.672 (Aug. 2013) )/( 31.226 (Aug. 2023) - 7.419 (Aug. 2013) )
=-0.545/23.807
=-2.29%***

* 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 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.


Azimut Exploration  (OTCPK:AZMTF) 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.


Azimut Exploration 10-Year ROIIC % Related Terms

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Azimut Exploration (Azimut Exploration) Business Description

Traded in Other Exchanges
Address
110 Rue De La Barre, Bureau 224, Longueuil, QC, CAN, J4K 1A3
Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its projects include Elmer property, JB lithium propety, Wabamisk property, Chromaska property and others in the James Bay region and Rex-Duquet, Nantais, Doran property and others in the Nunavik region of Quebec. It mainly explores gold, nickel, lithium, chromium and other minerals and metals.

Azimut Exploration (Azimut Exploration) Headlines

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