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.
Great Basin Scientific's 1-Year ROIIC % for the quarter that ended in Mar. 2017 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Great Basin Scientific's 1-Year ROIIC % or its related term are showing as below:
GBSNQ's 1-Year ROIIC % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -3.11 * Ranked among companies with meaningful 1-Year ROIIC % only.
Great Basin Scientific 1-Year ROIIC % Historical Data
The historical data trend for Great Basin Scientific'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.
Competitive Comparison of Great Basin Scientific's 1-Year ROIIC %
For the Diagnostics & Research subindustry, Great Basin Scientific'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.
Great Basin Scientific's 1-Year ROIIC % Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Great Basin Scientific's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Great Basin Scientific's 1-Year ROIIC % falls into.
Great Basin Scientific 1-Year ROIIC % Calculation
Great Basin Scientific's 1-Year ROIIC % for the quarter that ended in Mar. 2017 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -33.412 (Mar. 2017) - -25.6442 (Mar. 2016) )
/
( 42.86 (Mar. 2017) - 53.652 (Mar. 2016) )
=
-7.7678
/
-10.792
=
71.98%***
* 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.
Great Basin Scientific (GREY:GBSNQ) 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.
Great Basin Scientific 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Great Basin Scientific's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Great Basin Scientific (Great Basin Scientific) Business Description
Great Basin Scientific Inc is the United States based molecular diagnostic testing company. It is focused on the development and commercialization of molecular diagnostic platform designed to test for the infectious disease, especially hospital-acquired infections. Molecular diagnostic testing reduces test time from days to hours compared to culture methods. The company's system includes an analyzer, which it provides for the customers' use without charge in the United States, and a diagnostic cartridge, which it sells to the customers. The group derives its revenue from the sale of single-use assays sold in the United States, the European Union, and New Zealand, of which majority of the revenue is generated from the United States.
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