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Infinity Mining (ASX:IMI) 1-Year ROIIC % : 90.03% (As of Sep. 2024)


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What is Infinity Mining 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. Infinity Mining's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 90.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:IMI's 1-Year ROIIC % is ranked better than
79.32% of 2379 companies
in the Metals & Mining industry
Industry Median: -1.24 vs ASX:IMI: 90.03

Infinity Mining 1-Year ROIIC % Historical Data

The historical data trend for Infinity Mining'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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Infinity Mining 1-Year ROIIC % Chart

Infinity Mining Annual Data
Trend Mar22 Mar23 Mar24
1-Year ROIIC %
- -6.58 137.79

Infinity Mining Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
1-Year ROIIC % Get a 7-Day Free Trial - -6.58 -29.76 137.79 90.03

Competitive Comparison of Infinity Mining's 1-Year ROIIC %

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


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

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

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


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Infinity Mining 1-Year ROIIC % Calculation

Infinity Mining's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -10.772 (Sep. 2024) - -2.608 (Sep. 2023) )/( 5.057 (Sep. 2024) - 14.125 (Sep. 2023) )
=-8.164/-9.068
=90.03%***

* 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.


Infinity Mining  (ASX:IMI) 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.


Infinity Mining 1-Year ROIIC % Related Terms

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Infinity Mining Business Description

Traded in Other Exchanges
N/A
Address
40-52 McDougall Street, Suite 1G, Level 1, Corporate House, Kings Row Office Park, Milton, QLD, AUS, 4064
Infinity Mining Ltd is a mineral mining and exploration company. The company holds the Pilbara Projects in the Pilbara region of Western Australia comprising an extensive portfolio of gold, copper, zinc, and lithium exploration tenements.

Infinity Mining Headlines

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