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GLKFF (Cleantek Industries) 1-Year ROIIC % : 6.99% (As of Sep. 2024)


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What is Cleantek Industries 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. Cleantek Industries's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 6.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

GLKFF's 1-Year ROIIC % is ranked better than
57.54% of 2680 companies
in the Industrial Products industry
Industry Median: 1.34 vs GLKFF: 6.99

Cleantek Industries 1-Year ROIIC % Historical Data

The historical data trend for Cleantek Industries'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.

Cleantek Industries 1-Year ROIIC % Chart

Cleantek Industries Annual Data
Trend Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- -16.34 -15.41 -58.96

Cleantek Industries Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 75.93 -58.96 -34.19 -15.76 6.99

Competitive Comparison of Cleantek Industries's 1-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Cleantek Industries'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.


Cleantek Industries's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cleantek Industries's 1-Year ROIIC % distribution charts can be found below:

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


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Cleantek Industries 1-Year ROIIC % Calculation

Cleantek Industries'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
=( 0.2948 (Sep. 2024) - 0.681 (Sep. 2023) )/( 10.013 (Sep. 2024) - 15.658 (Sep. 2023) )
=-0.3862/-5.645
=6.84%***

* 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.


Cleantek Industries  (OTCPK:GLKFF) 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.


Cleantek Industries 1-Year ROIIC % Related Terms

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Cleantek Industries Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3C4
Cleantek Industries Inc is engaged in the manufacturing and rental of equipment to the oil and gas and construction industries in Western Canada and the United States. Its products include ZeroE, Halo, DZeroE, and SolarHybrid.Li, SolarHybrid, and Stadium Lighting among others. The company's revenue is generated from the rental and service of dehydration units, lighting towers, and lighting systems based on fixed or agreed-upon service contracts with the customer.

Cleantek Industries Headlines