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Tethys Oil AB (OSTO:TETY) 1-Year ROIIC % : 600.25% (As of Mar. 2024)


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What is Tethys Oil AB 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. Tethys Oil AB's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 600.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OSTO:TETY's 1-Year ROIIC % is ranked better than
94.12% of 1021 companies
in the Oil & Gas industry
Industry Median: 1.68 vs OSTO:TETY: 600.25

Tethys Oil AB 1-Year ROIIC % Historical Data

The historical data trend for Tethys Oil AB'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.

Tethys Oil AB 1-Year ROIIC % Chart

Tethys Oil AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -139.25 150.23 156.65 53.22 241.46

Tethys Oil AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 55.87 28.46 -19.33 241.46 600.25

Competitive Comparison of Tethys Oil AB's 1-Year ROIIC %

For the Oil & Gas E&P subindustry, Tethys Oil AB'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.


Tethys Oil AB's 1-Year ROIIC % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tethys Oil AB's 1-Year ROIIC % falls into.



Tethys Oil AB 1-Year ROIIC % Calculation

Tethys Oil AB's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 201.4674 (Mar. 2024) - 548.1245 (Mar. 2023) )/( 2705.897 (Mar. 2024) - 2763.649 (Mar. 2023) )
=-346.6571/-57.752
=600.25%***

* 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.


Tethys Oil AB  (OSTO:TETY) 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.


Tethys Oil AB 1-Year ROIIC % Related Terms

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Tethys Oil AB (OSTO:TETY) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48
Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (OSTO:TETY) Headlines

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