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Nickel 28 Capital (STU:3JC) 1-Year ROIIC % : -23.45% (As of Jul. 2024)


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What is Nickel 28 Capital 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. Nickel 28 Capital's 1-Year ROIIC % for the quarter that ended in Jul. 2024 was -23.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Nickel 28 Capital's 1-Year ROIIC % or its related term are showing as below:

STU:3JC's 1-Year ROIIC % is ranked worse than
66.49% of 2429 companies
in the Metals & Mining industry
Industry Median: -1.38 vs STU:3JC: -23.45

Nickel 28 Capital 1-Year ROIIC % Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital 1-Year ROIIC % Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23 Jan24
1-Year ROIIC %
- - -11.18 -59.61 14.33

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -139.31 43.47 14.33 -1.41 -23.45

Competitive Comparison of Nickel 28 Capital's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.


Nickel 28 Capital's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's 1-Year ROIIC % falls into.



Nickel 28 Capital 1-Year ROIIC % Calculation

Nickel 28 Capital'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
=( -6.509 (Jul. 2024) - -11.881 (Jul. 2023) )/( 131.917 (Jul. 2024) - 156.647 (Jul. 2023) )
=5.372/-24.73
=-21.72%***

* 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.


Nickel 28 Capital  (STU:3JC) 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.


Nickel 28 Capital 1-Year ROIIC % Related Terms

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Nickel 28 Capital Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Toronto, ON, CAN, V6C 2X8
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, It manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Nickel 28 Capital Headlines

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