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Embark Technology (Embark Technology) 1-Year ROIIC % : 321.74% (As of Mar. 2023)


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What is Embark Technology 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. Embark Technology's 1-Year ROIIC % for the quarter that ended in Mar. 2023 was 321.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

EMBKW's 1-Year ROIIC % is not ranked
in the Software industry.
Industry Median: 4.32 vs EMBKW: 321.74

Embark Technology 1-Year ROIIC % Historical Data

The historical data trend for Embark Technology'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.

Embark Technology 1-Year ROIIC % Chart

Embark Technology Annual Data
Trend Dec20 Dec21 Dec22
1-Year ROIIC %
- -602.07 -155.50

Embark Technology Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -155.50 321.74

Competitive Comparison of Embark Technology's 1-Year ROIIC %

For the Software - Application subindustry, Embark Technology'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.


Embark Technology's 1-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Embark Technology's 1-Year ROIIC % distribution charts can be found below:

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



Embark Technology 1-Year ROIIC % Calculation

Embark Technology's 1-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -145.354 (Mar. 2023) - -135.763 (Mar. 2022) )/( 22.217 (Mar. 2023) - 25.198 (Mar. 2022) )
=-9.591/-2.981
=321.74%***

* 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.


Embark Technology  (NAS:EMBKW) 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.


Embark Technology 1-Year ROIIC % Related Terms

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Embark Technology (Embark Technology) Business Description

Traded in Other Exchanges
N/A
Address
321 Alabama Street, San Francisco, CA, USA, 94110
Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.

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