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Wescan Goldfields (TSXV:WGF) 10-Year ROIIC % : -1,075.00% (As of Dec. 2023)


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What is Wescan Goldfields 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. Wescan Goldfields's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -1,075.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:WGF's 10-Year ROIIC % is ranked worse than
97.72% of 2019 companies
in the Metals & Mining industry
Industry Median: -3.22 vs TSXV:WGF: -1075.00

Wescan Goldfields 10-Year ROIIC % Historical Data

The historical data trend for Wescan Goldfields'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.

Wescan Goldfields 10-Year ROIIC % Chart

Wescan Goldfields Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.02 -47.07 -120.17 -1,968.33 -1,075.00

Wescan Goldfields Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -1,075.00 - - -

Competitive Comparison of Wescan Goldfields's 10-Year ROIIC %

For the Gold subindustry, Wescan Goldfields'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.


Wescan Goldfields's 10-Year ROIIC % Distribution in the Metals & Mining Industry

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

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


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Wescan Goldfields 10-Year ROIIC % Calculation

Wescan Goldfields'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**
=( -0.358 (Dec. 2023) - -0.444 (Dec. 2013) )/( 0.001 (Dec. 2023) - 0.009 (Dec. 2013) )
=0.086/-0.008
=-1,075.00%***

* 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.


Wescan Goldfields  (TSXV:WGF) 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.


Wescan Goldfields 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Wescan Goldfields's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wescan Goldfields Business Description

Traded in Other Exchanges
N/A
Address
224-4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Wescan Goldfields Inc is engaged in the exploration and development of mineral properties in Canada. Its properties include Jojay gold property, Fork Lake property, and Munro Lake gold property.
Executives
Star Diamond Corp 10% Security Holder
Kenneth Earl Macneill Director, Director or Senior Officer of 10% Security Holder
William Connor Macneill Senior Officer
Tom Macneill Director or Senior Officer of 10% Security Holder

Wescan Goldfields Headlines

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