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Norse Energy ASA (OSL:NEC) 1-Year ROIIC % : 0.00% (As of Sep. 2013)


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What is Norse Energy ASA 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. Norse Energy ASA's 1-Year ROIIC % for the quarter that ended in Sep. 2013 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 Norse Energy ASA's 1-Year ROIIC % or its related term are showing as below:

OSL:NEC's 1-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: 2.34
* Ranked among companies with meaningful 1-Year ROIIC % only.

Norse Energy ASA 1-Year ROIIC % Historical Data

The historical data trend for Norse Energy ASA'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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Norse Energy ASA 1-Year ROIIC % Chart

Norse Energy ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
1-Year ROIIC %
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Norse Energy ASA Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Norse Energy ASA's 1-Year ROIIC %

For the Oil & Gas E&P subindustry, Norse Energy ASA'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.


Norse Energy ASA's 1-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norse Energy ASA's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Norse Energy ASA's 1-Year ROIIC % falls into.



Norse Energy ASA 1-Year ROIIC % Calculation

Norse Energy ASA's 1-Year ROIIC % for the quarter that ended in Sep. 2013 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -102.239 (Sep. 2013) - -80.733 (Sep. 2012) )/( 23.871 (Sep. 2013) - 47.714 (Sep. 2012) )
=-21.506/-23.843
=90.20%***

* 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.


Norse Energy ASA  (OSL:NEC) 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.


Norse Energy ASA 1-Year ROIIC % Related Terms

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Norse Energy ASA (OSL:NEC) Business Description

Traded in Other Exchanges
N/A
Address
Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250
Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

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