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Micro Imaging Technology (Micro Imaging Technology) 1-Year ROIIC % : 0.00% (As of Jul. 2014)


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What is Micro Imaging Technology 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. Micro Imaging Technology's 1-Year ROIIC % for the quarter that ended in Jul. 2014 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 Micro Imaging Technology's 1-Year ROIIC % or its related term are showing as below:

MMTC's 1-Year ROIIC % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -1.505
* Ranked among companies with meaningful 1-Year ROIIC % only.

Micro Imaging Technology 1-Year ROIIC % Historical Data

The historical data trend for Micro Imaging Technology'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.

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Micro Imaging Technology 1-Year ROIIC % Chart

Micro Imaging Technology Annual Data
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Micro Imaging Technology Quarterly Data
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Competitive Comparison of Micro Imaging Technology's 1-Year ROIIC %

For the Medical Devices subindustry, Micro Imaging Technology'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.


Micro Imaging Technology's 1-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micro Imaging Technology's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Micro Imaging Technology's 1-Year ROIIC % falls into.



Micro Imaging Technology 1-Year ROIIC % Calculation

Micro Imaging Technology's 1-Year ROIIC % for the quarter that ended in Jul. 2014 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.9506 (Jul. 2014) - -1.1279 (Jul. 2013) )/( 0.887 (Jul. 2014) - 0.494 (Jul. 2013) )
=0.1773/0.393
=45.11%***

* 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.


Micro Imaging Technology  (OTCPK:MMTC) 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.


Micro Imaging Technology 1-Year ROIIC % Related Terms

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Micro Imaging Technology (Micro Imaging Technology) Business Description

Traded in Other Exchanges
N/A
Address
970 Calle Amanecer, Suite F, San Clemente, CA, USA, 92673
Micro Imaging Technology Inc (MIT) is an engaged in developing and manufacturing of laser-based microbial identification system. The device uses the principles of light scattering to discriminate various bacteria cells that are suspended in filtered water. Its MIT 1000 product features 35 photodetectors that surround the sample vial and collect light scattering intensities that are generated when a cell intersects the laser beam.
Executives
Anthony M Frank other: 5% owner

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