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.
Texas Mineral Resources's 1-Year ROIIC % for the quarter that ended in Nov. 2024 was 2,469.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Texas Mineral Resources's 1-Year ROIIC % or its related term are showing as below:
TMRC's 1-Year ROIIC % is ranked better than 97.94% of 2383
companies
in the Metals & Mining industry
Industry Median: -1.29
vs TMRC: 2469.81
Texas Mineral Resources 1-Year ROIIC % Historical Data
* 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.
Competitive Comparison of Texas Mineral Resources's 1-Year ROIIC %
For the Other Industrial Metals & Mining subindustry, Texas Mineral Resources'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.
Texas Mineral Resources's 1-Year ROIIC % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Texas Mineral Resources's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Texas Mineral Resources's 1-Year ROIIC % falls into.
Texas Mineral Resources 1-Year ROIIC % Calculation
Texas Mineral Resources's 1-Year ROIIC % for the quarter that ended in Nov. 2024 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -0.954 (Nov. 2024) - -2.263 (Nov. 2023) )
/
( 0.469 (Nov. 2024) - 0.416 (Nov. 2023) )
=
1.309
/
0.053
=
2,469.81%***
* 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.
Texas Mineral Resources (OTCPK:TMRC) 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.
Texas Mineral Resources 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Texas Mineral Resources's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TMRC has been successfully added to your 