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.
Houston American Energy's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 120.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Houston American Energy's 1-Year ROIIC % or its related term are showing as below:
HUSA's 1-Year ROIIC % is ranked better than 84.01% of 988
companies
in the Oil & Gas industry
Industry Median: 1.86
vs HUSA: 120.37
Houston American Energy 1-Year ROIIC % Historical Data
* 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 Houston American Energy's 1-Year ROIIC %
For the Oil & Gas E&P subindustry, Houston American Energy'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.
Houston American Energy's 1-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Houston American Energy's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Houston American Energy's 1-Year ROIIC % falls into.
Houston American Energy 1-Year ROIIC % Calculation
Houston American Energy'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
=
( -1.7 (Dec. 2023) - -0.778 (Dec. 2022) )
/
( 6.288 (Dec. 2023) - 7.054 (Dec. 2022) )
=
-0.922
/
-0.766
=
120.37%***
* 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.
Houston American Energy (AMEX:HUSA) 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.
Houston American Energy 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Houston American Energy's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Houston American Energy (Houston American Energy) Business Description
Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, the U.S. Gulf Coast region, particularly Texas and Louisiana, and in the South American country of Colombia. The company's an exploration and development projects are focused on existing property interests, and future acquisition of additional property interests, in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. The Company majorly has operations in two geographical areas, the United States and Colombia.
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