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MMTIF (Micromem Technologies) 1-Year ROIIC % : -10.30% (As of Jul. 2024)


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What is Micromem Technologies 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. Micromem Technologies's 1-Year ROIIC % for the quarter that ended in Jul. 2024 was -10.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MMTIF's 1-Year ROIIC % is ranked worse than
61.41% of 977 companies
in the Semiconductors industry
Industry Median: 2.48 vs MMTIF: -10.30

Micromem Technologies 1-Year ROIIC % Historical Data

The historical data trend for Micromem Technologies'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.

Micromem Technologies 1-Year ROIIC % Chart

Micromem Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -639.84 41.14 -20.39 -25.22 -51.75

Micromem Technologies Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -2.09 -51.75 -21.25 -1.42 -10.30

Competitive Comparison of Micromem Technologies's 1-Year ROIIC %

For the Semiconductors subindustry, Micromem Technologies'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.


Micromem Technologies's 1-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's 1-Year ROIIC % distribution charts can be found below:

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



Micromem Technologies 1-Year ROIIC % Calculation

Micromem Technologies's 1-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.757 (Jul. 2024) - -0.947 (Jul. 2023) )/( 4.342 (Jul. 2024) - 6.286 (Jul. 2023) )
=0.19/-1.944
=-9.77%***

* 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.


Micromem Technologies  (OTCPK:MMTIF) 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.


Micromem Technologies 1-Year ROIIC % Related Terms

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Micromem Technologies Business Description

Traded in Other Exchanges
Address
121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.

Micromem Technologies Headlines