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Grid Battery Metals (STU:W47) 1-Year ROIIC % : 26.84% (As of Sep. 2024)


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What is Grid Battery Metals 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. Grid Battery Metals's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 26.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STU:W47's 1-Year ROIIC % is ranked better than
68.96% of 2429 companies
in the Metals & Mining industry
Industry Median: -1.38 vs STU:W47: 26.84

Grid Battery Metals 1-Year ROIIC % Historical Data

The historical data trend for Grid Battery Metals'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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Grid Battery Metals 1-Year ROIIC % Chart

Grid Battery Metals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -173.86 -45.98 -74.92 195.93 -144.79

Grid Battery Metals Quarterly Data
Dec19 Mar20 Jun20 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 Premium Member Only -60.76 -480.56 -296.12 -144.79 26.84

Competitive Comparison of Grid Battery Metals's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Grid Battery Metals'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.


Grid Battery Metals's 1-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Grid Battery Metals's 1-Year ROIIC % falls into.



Grid Battery Metals 1-Year ROIIC % Calculation

Grid Battery Metals'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
=( -1.911 (Sep. 2024) - -1.621 (Sep. 2023) )/( 1.629 (Sep. 2024) - 2.919 (Sep. 2023) )
=-0.29/-1.29
=22.48%***

* 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.


Grid Battery Metals  (STU:W47) 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.


Grid Battery Metals 1-Year ROIIC % Related Terms

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Grid Battery Metals Business Description

Traded in Other Exchanges
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Grid Battery Metals Inc is an exploration and mining company. The company primarily explores nickel-iron alloys, important in the manufacture of environmentally efficient batteries for the electric vehicle markets. Its projects are Hard Nickel Group; Grid Copper Project, Texas Spring, Volt canyon and Clayton Valley Lithium.

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