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Red Cat Holdings (FRA:BQ73) 1-Year ROIIC % : 21.65% (As of Oct. 2024)


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What is Red Cat Holdings 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. Red Cat Holdings's 1-Year ROIIC % for the quarter that ended in Oct. 2024 was 21.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:BQ73's 1-Year ROIIC % is ranked better than
65.39% of 2332 companies
in the Hardware industry
Industry Median: 2.845 vs FRA:BQ73: 21.65

Red Cat Holdings 1-Year ROIIC % Historical Data

The historical data trend for Red Cat Holdings'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.

Red Cat Holdings 1-Year ROIIC % Chart

Red Cat Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23 Apr24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.63 -31.26 -38.92 -107.31 -141.51

Red Cat Holdings Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -104.41 -232.51 -141.51 -23.18 21.65

Competitive Comparison of Red Cat Holdings's 1-Year ROIIC %

For the Computer Hardware subindustry, Red Cat Holdings'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.


Red Cat Holdings's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Red Cat Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Red Cat Holdings's 1-Year ROIIC % falls into.



Red Cat Holdings 1-Year ROIIC % Calculation

Red Cat Holdings's 1-Year ROIIC % for the quarter that ended in Oct. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -22.698 (Oct. 2024) - -21.131 (Oct. 2023) )/( 33.468 (Oct. 2024) - 41.972 (Oct. 2023) )
=-1.567/-8.504
=18.43%***

* 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.


Red Cat Holdings  (FRA:BQ73) 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.


Red Cat Holdings 1-Year ROIIC % Related Terms

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Red Cat Holdings Business Description

Traded in Other Exchanges
Address
15 Avenue Munoz Rivera, Suite 2200, San Juan, PR, USA, 00901
Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a provider of unmanned aircraft for interior spaces and other dangerous environments.

Red Cat Holdings Headlines

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