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.
Legacy Reserves's 10-Year ROIIC % for the quarter that ended in Dec. 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 Legacy Reserves's 10-Year ROIIC % or its related term are showing as below:
LGCYO.PFD's 10-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.67 * Ranked among companies with meaningful 10-Year ROIIC % only.
Legacy Reserves 10-Year ROIIC % Historical Data
The historical data trend for Legacy Reserves'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 Legacy Reserves's 10-Year ROIIC %
For the Oil & Gas E&P subindustry, Legacy Reserves'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.
Legacy Reserves's 10-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Legacy Reserves's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Legacy Reserves's 10-Year ROIIC % falls into.
Legacy Reserves 10-Year ROIIC % Calculation
Legacy Reserves's 10-Year ROIIC % for the quarter that ended in Dec. 2018 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
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.
Legacy Reserves 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Legacy Reserves's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Legacy Reserves (Legacy Reserves) Business Description
Legacy Reserves LP is a limited partnership which focuses on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. The company owns an interest in producing oil and natural gas properties in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. The company operates through the segment being the Acquisition and development of oil and natural gas properties.
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