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Battery Age Minerals (ASX:BM8) 1-Year ROIIC % : -48.61% (As of Dec. 2023)


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What is Battery Age Minerals 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Battery Age Minerals's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -48.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Battery Age Minerals's 1-Year ROIIC % or its related term are showing as below:

ASX:BM8's 1-Year ROIIC % is ranked worse than
74.26% of 2374 companies
in the Metals & Mining industry
Industry Median: -1.04 vs ASX:BM8: -48.61

Battery Age Minerals 1-Year ROIIC % Historical Data

The historical data trend for Battery Age Minerals's 1-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.

Battery Age Minerals 1-Year ROIIC % Chart

Battery Age Minerals Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.97 126.20 - -11.24 -144.23

Battery Age Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-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 -15.78 -11.24 -11.11 -144.23 -48.61

Competitive Comparison of Battery Age Minerals's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Battery Age Minerals's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Battery Age Minerals's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Battery Age Minerals's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Battery Age Minerals's 1-Year ROIIC % falls into.



Battery Age Minerals 1-Year ROIIC % Calculation

Battery Age Minerals's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -4.771 (Dec. 2023) - -1.826 (Dec. 2022) )/( 14.074 (Dec. 2023) - 8.015 (Dec. 2022) )
=-2.945/6.059
=-48.61%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Battery Age Minerals  (ASX:BM8) 1-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.


Battery Age Minerals 1-Year ROIIC % Related Terms

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Battery Age Minerals (ASX:BM8) Business Description

Traded in Other Exchanges
N/A
Address
Level 50, 108 St Georges Terrace, Perth, WA, AUS, 6000
Battery Age Minerals Ltd is a battery mineral-focused company. The company projects include Falcon Lake Lithium; Tidili and Bleiberg Project. The company is presently focused on the exploration of battery minerals such as lithium, copper, germanium, and zinc in Canada, Morocco, and Austria. The company has five geographical segments, Australia (Equinox Investment), Canada, Argentina (King Tut Project), Austria and Morocco.

Battery Age Minerals (ASX:BM8) Headlines

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