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.
Luna Gold's 1-Year ROIIC % for the quarter that ended in Sep. 2016 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 Luna Gold's 1-Year ROIIC % or its related term are showing as below:
LGCUF's 1-Year ROIIC % is not ranked *
in the Metals & Mining industry.
Industry Median: -1.945 * Ranked among companies with meaningful 1-Year ROIIC % only.
Luna Gold 1-Year ROIIC % Historical Data
The historical data trend for Luna Gold'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 Luna Gold's 1-Year ROIIC %
For the Gold subindustry, Luna Gold'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.
Luna Gold's 1-Year ROIIC % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Luna Gold's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Luna Gold's 1-Year ROIIC % falls into.
Luna Gold 1-Year ROIIC % Calculation
Luna Gold's 1-Year ROIIC % for the quarter that ended in Sep. 2016 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -24.67 (Sep. 2016) - -13.404 (Sep. 2015) )
/
( 83.693 (Sep. 2016) - 88.47 (Sep. 2015) )
=
-11.266
/
-4.777
=
235.84%***
* 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.
Luna Gold (OTCPK:LGCUF) 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.
Luna Gold 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Luna Gold's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Luna Gold Corp was incorporated under the laws of the Province of British Columbia, Canada, on June 24, 1986 under the name Belcarra Resources Ltd. The Company is engaged in the business of mineral exploration, mine development and mine operation. It explores, develops and operates gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil. The Company faces competition from a number of large established companies with substantial capabilities, and greater financial and technical resources than the Company. The exploration and development activities related to the mining operations are subject to various federal, provincial and local laws governing prospecting, development, production, taxes, labour standards and occupational health, mine safety, toxic substance and other matters.
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