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SLMFF (Solis Minerals) 1-Year ROIIC % : 4.36% (As of Aug. 2024)


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What is Solis Minerals 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. Solis Minerals's 1-Year ROIIC % for the quarter that ended in Aug. 2024 was 4.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SLMFF's 1-Year ROIIC % is ranked better than
56.34% of 2430 companies
in the Metals & Mining industry
Industry Median: -1.405 vs SLMFF: 4.36

Solis Minerals 1-Year ROIIC % Historical Data

The historical data trend for Solis Minerals'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.

Solis Minerals 1-Year ROIIC % Chart

Solis Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.72 75.88 369.15 -450.00 39.25

Solis Minerals Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Aug24
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 39.25 -7.93 -19.62 -40.12 4.36

Competitive Comparison of Solis Minerals's 1-Year ROIIC %

For the Copper subindustry, Solis Minerals'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.


Solis Minerals's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Solis Minerals's 1-Year ROIIC % distribution charts can be found below:

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



Solis Minerals 1-Year ROIIC % Calculation

Solis Minerals's 1-Year ROIIC % for the quarter that ended in Aug. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -1.622 (Aug. 2024) - -1.617 (Aug. 2023) )/( 5.376 (Aug. 2024) - 5.906 (Aug. 2023) )
=-0.0050000000000001/-0.53
=0.94%***

* 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.


Solis Minerals  (OTCPK:SLMFF) 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.


Solis Minerals 1-Year ROIIC % Related Terms

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Solis Minerals Business Description

Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.

Solis Minerals Headlines

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