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Star Health and Allied Insurance Co (NSE:STARHEALTH) 1-Year ROIIC % : 0.00% (As of Sep. 2024)


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What is Star Health and Allied Insurance Co 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. Star Health and Allied Insurance Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 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 Star Health and Allied Insurance Co's 1-Year ROIIC % or its related term are showing as below:

NSE:STARHEALTH's 1-Year ROIIC % is not ranked *
in the Insurance industry.
Industry Median: 4.71
* Ranked among companies with meaningful 1-Year ROIIC % only.

Star Health and Allied Insurance Co 1-Year ROIIC % Historical Data

The historical data trend for Star Health and Allied Insurance Co'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.

Star Health and Allied Insurance Co 1-Year ROIIC % Chart

Star Health and Allied Insurance Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial 10.10 -34.79 - - -

Star Health and Allied Insurance Co Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Star Health and Allied Insurance Co's 1-Year ROIIC %

For the Insurance - Diversified subindustry, Star Health and Allied Insurance Co'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.


Star Health and Allied Insurance Co's 1-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Star Health and Allied Insurance Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Star Health and Allied Insurance Co's 1-Year ROIIC % falls into.



Star Health and Allied Insurance Co 1-Year ROIIC % Calculation

Star Health and Allied Insurance Co's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 0 (Sep. 2024) - 0 (Sep. 2023) )/( 186287.68 (Sep. 2024) - 1730.7 (Sep. 2023) )
=/184556.98
=0.00%***

* 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.


Star Health and Allied Insurance Co  (NSE:STARHEALTH) 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.


Star Health and Allied Insurance Co 1-Year ROIIC % Related Terms

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Star Health and Allied Insurance Co Business Description

Traded in Other Exchanges
Address
Dr. Radha Krishnan Salai, No. 148, Acropolis, Mylapore, Chennai, TN, IND, 600004
Star Health and Allied Insurance Co Ltd operates non-life insurance in India. It focuses on the retail health and group health segments. The company distributes policies through individual agents and also includes corporate agent banks and other corporate agents. It offers various types of insurance plans such as health, accidental, travel, corporate, and others. The operating segments of the company are based on the various types of insurance and include Fire, Marine Cargo, Marine Hull, Aviation, Workmens Compensation, Engineering, Public Product Liability, Personal Accident, Health Insurance, and others. The majority of its revenue is generated from its Health, and Personal Accident insurance products.

Star Health and Allied Insurance Co Headlines

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