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.
Enservco's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 80.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Enservco's 10-Year ROIIC % or its related term are showing as below:
ENSV's 10-Year ROIIC % is ranked better than 93.57% of 948
companies
in the Oil & Gas industry
Industry Median: 5.015
vs ENSV: 80.63
Enservco 10-Year ROIIC % Historical Data
The historical data trend for Enservco'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.
Competitive Comparison of Enservco's 10-Year ROIIC %
For the Oil & Gas Equipment & Services subindustry, Enservco'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.
Enservco's 10-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Enservco's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Enservco's 10-Year ROIIC % falls into.
Enservco 10-Year ROIIC % Calculation
Enservco's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -5.788062 (Dec. 2023) - 4.9182492 (Dec. 2013) )
/
( 13.893 (Dec. 2023) - 27.172 (Dec. 2013) )
=
-10.7063112
/
-13.279
=
80.63%***
* 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.
Enservco (OTCPK:ENSV) 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.
Enservco 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Enservco's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Enservco Corp operates in the oil and gas industry. It offers well enhancement and fluid management services to the domestic onshore oil and natural gas industry. The services include frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services. The company's reportable business segments are Production Services and Completion and Other Services, which derives maximum revenue. It operates in geographically diverse regions of the United States.
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