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Hartshead Resources NL (ASX:HHR) 1-Year ROIIC % : -18.32% (As of Jun. 2024)


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What is Hartshead Resources NL 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. Hartshead Resources NL's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -18.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hartshead Resources NL's 1-Year ROIIC % or its related term are showing as below:

ASX:HHR's 1-Year ROIIC % is ranked worse than
65.16% of 1019 companies
in the Oil & Gas industry
Industry Median: -1.17 vs ASX:HHR: -18.32

Hartshead Resources NL 1-Year ROIIC % Historical Data

The historical data trend for Hartshead Resources NL'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.

Hartshead Resources NL 1-Year ROIIC % Chart

Hartshead Resources NL Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,410.96 1,718.35 165.47 -217.00 -18.32

Hartshead Resources NL Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 165.47 86.22 -217.00 -7.28 -18.32

Competitive Comparison of Hartshead Resources NL's 1-Year ROIIC %

For the Oil & Gas E&P subindustry, Hartshead Resources NL'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.


Hartshead Resources NL's 1-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hartshead Resources NL's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hartshead Resources NL's 1-Year ROIIC % falls into.



Hartshead Resources NL 1-Year ROIIC % Calculation

Hartshead Resources NL's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -8.2339054 (Jun. 2024) - -6.631 (Jun. 2023) )/( 12.23 (Jun. 2024) - 3.482 (Jun. 2023) )
=-1.6029054/8.748
=-18.32%***

* 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.


Hartshead Resources NL  (ASX:HHR) 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.


Hartshead Resources NL 1-Year ROIIC % Related Terms

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Hartshead Resources NL Business Description

Traded in Other Exchanges
Address
333C Charles Street, North Perth, Perth, WA, AUS, 6006
Hartshead Resources NL is building a financially, technically and environmentally responsible European Energy business. It is the owner and operator of License P2607 on the United Kingdom Continental Shelf, in the Southern Gas Basin. The License contains multiple gas fields, some of which have been only partially developed. The company also has operations in Poland, Gabon, and Madagascar. The Group has three reportable segments. The first is an interest in developing and exploring gas fields in the UK North Sea in Seaward Production License P2607. The second is an interest in exploring for oil in acreage known as, the Nkembe block, located offshore Gabon. The third interest is at the Ambilobe block, located offshore Madagascar.