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Westbridge Renewable Energy (TSXV:WEB) 10-Year ROIIC % : 0.53% (As of Nov. 2023)


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What is Westbridge Renewable Energy 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. Westbridge Renewable Energy's 10-Year ROIIC % for the quarter that ended in Nov. 2023 was 0.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:WEB's 10-Year ROIIC % is ranked worse than
63.59% of 379 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.82 vs TSXV:WEB: 0.53

Westbridge Renewable Energy 10-Year ROIIC % Historical Data

The historical data trend for Westbridge Renewable Energy'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.

Westbridge Renewable Energy 10-Year ROIIC % Chart

Westbridge Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.91 - - -38.32 0.53

Westbridge Renewable Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - 0.53 - - -

Competitive Comparison of Westbridge Renewable Energy's 10-Year ROIIC %

For the Utilities - Renewable subindustry, Westbridge Renewable Energy'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.


Westbridge Renewable Energy's 10-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Renewable Energy's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Westbridge Renewable Energy's 10-Year ROIIC % falls into.



Westbridge Renewable Energy 10-Year ROIIC % Calculation

Westbridge Renewable Energy's 10-Year ROIIC % for the quarter that ended in Nov. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -2.0213817 (Nov. 2023) - -2.352 (Dec. 2012) )/( 68.816 (Nov. 2023) - 5.873 (Dec. 2012) )
=0.3306183/62.943
=0.53%***

* 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.


Westbridge Renewable Energy  (TSXV:WEB) 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.


Westbridge Renewable Energy 10-Year ROIIC % Related Terms

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Westbridge Renewable Energy Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is Focused on the acquisition and development of solar photovoltaic projects. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy. The Company has a portfolio of projects in three key jurisdictions, Canada, the U.S., and the UK.
Executives
Scott Kelly Director, Senior Officer
Pandelis Vassilakakis Senior Officer
Marianna Alifuoco 10% Security Holder
Marcus Yang Director
Stefano Romanin 10% Security Holder, Director, Senior Officer