Oakridge International (ASX:OAK) 1-Year ROIIC % : 8.99% (As of Dec. 2023)

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What is Oakridge International 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. Oakridge International's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 8.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:OAK's 1-Year ROIIC % is ranked better than
58.33% of 636 companies
in the Healthcare Providers & Services industry
Industry Median: 2.83 vs ASX:OAK: 8.99

Oakridge International 1-Year ROIIC % Historical Data

The historical data trend for Oakridge International'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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Oakridge International 1-Year ROIIC % Chart

Oakridge International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

1-Year ROIIC %

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-206.33

562.08

-728.65

-3,975.00

157.97

Oakridge International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
1-Year ROIIC %	Get a 7-Day Free Trial															283.51	-3,975.00	20.51	157.97	8.99

Competitive Comparison of Oakridge International's 1-Year ROIIC %

For the Health Information Services subindustry, Oakridge International'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.

Oakridge International's 1-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oakridge International's 1-Year ROIIC % distribution charts can be found below:

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

Oakridge International 1-Year ROIIC % Calculation

Oakridge International'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
	=	( -0.73 (Dec. 2023) - -0.738 (Dec. 2022) )	/	( 0.804 (Dec. 2023) - 0.715 (Dec. 2022) )
	=	0.008	/	0.089
	=	8.99%^***

** 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.

Oakridge International (ASX:OAK) 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.

Oakridge International 1-Year ROIIC % Related Terms

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Oakridge International (ASX:OAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oakridge International Ltd (ASX:OAK) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

U9O0:Germany

Address

89 Pirie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.oakridgeint.com

Oakridge International Ltd is an Australian ax (IoT) technology business. It has developed revolutionary technology that allows anyone using their smartphone to connect and control electronic devices, embedded with ADRC (Auto Discovery Remote Control). It serves consumers, manufacturers, retailers, and data centers, as well as the healthcare sector. The company has four operating segments: Technology development, Healthcare technology, Geothermal projects, and Corporate. Geographically, it operates within Australia.