Cosmo Metals (ASX:CMO) 1-Year ROIIC % : 0.00% (As of Dec. 2023)

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What is Cosmo Metals 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. Cosmo Metals's 1-Year ROIIC % for the quarter that ended in Dec. 2023 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 Cosmo Metals's 1-Year ROIIC % or its related term are showing as below:

ASX:CMO's 1-Year ROIIC % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -1.04
* Ranked among companies with meaningful 1-Year ROIIC % only.

Cosmo Metals 1-Year ROIIC % Historical Data

The historical data trend for Cosmo Metals'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.

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Cosmo Metals 1-Year ROIIC % Chart

Cosmo Metals Annual Data

Trend

Jun23

1-Year ROIIC %

Cosmo Metals Semi-Annual Data
	Dec22	Jun23	Dec23
1-Year ROIIC %	-	-	-

Competitive Comparison of Cosmo Metals's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Cosmo Metals'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.

Cosmo Metals's 1-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cosmo Metals's 1-Year ROIIC % falls into.

Cosmo Metals 1-Year ROIIC % Calculation

Cosmo Metals'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
	=	( (Dec. 2023) - (Dec. 2022) )	/	( 8.711 (Dec. 2023) - 7.485 (Dec. 2022) )
	=		/	1.226
	=	0.00%^***

** 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.

Cosmo Metals (ASX:CMO) 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.

Cosmo Metals 1-Year ROIIC % Related Terms

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