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Harvest Minerals (LSE:HMI) 1-Year ROIIC % : 111.58% (As of Jun. 2024)


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What is Harvest Minerals 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. Harvest Minerals's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 111.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LSE:HMI's 1-Year ROIIC % is ranked better than
86.53% of 193 companies
in the Agriculture industry
Industry Median: 2.16 vs LSE:HMI: 111.58

Harvest Minerals 1-Year ROIIC % Historical Data

The historical data trend for Harvest Minerals'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.

Harvest Minerals 1-Year ROIIC % Chart

Harvest Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.57 547.44 -61.03 277.07 -168.28

Harvest Minerals Semi-Annual Data
Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -105.86 277.07 -27.99 -168.28 111.58

Competitive Comparison of Harvest Minerals's 1-Year ROIIC %

For the Agricultural Inputs subindustry, Harvest Minerals'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.


Harvest Minerals's 1-Year ROIIC % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Harvest Minerals's 1-Year ROIIC % distribution charts can be found below:

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


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Harvest Minerals 1-Year ROIIC % Calculation

Harvest Minerals's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -1.2239 (Jun. 2024) - 0.0481 (Jun. 2023) )/( 4.747 (Jun. 2024) - 5.887 (Jun. 2023) )
=-1.272/-1.14
=111.58%***

* 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.


Harvest Minerals  (LSE:HMI) 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.


Harvest Minerals 1-Year ROIIC % Related Terms

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Harvest Minerals Business Description

Traded in Other Exchanges
Address
22 Lindsay Street, Perth, WA, AUS, 6000
Harvest Minerals Ltd operates as a mineral exploration company in Brazil. It explores phosphate and potash fertilizers. The Group has some principal fertilizer projects - the Sergipe Potash Project, the Miriri Phosphate Project, Limestone Project, the Arapua Fertilizer Project, and the Mandacaru Phosphate Project. Its revenue arises mainly from the sale of fertilizer. The Group generates revenue in Brazil.

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