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Skymark Airlines (TSE:9204) 1-Year ROIIC % : -101.00% (As of Dec. 2023)


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What is Skymark Airlines 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. Skymark Airlines's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -101.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9204's 1-Year ROIIC % is ranked worse than
87.42% of 890 companies
in the Transportation industry
Industry Median: 2.56 vs TSE:9204: -101.00

Skymark Airlines 1-Year ROIIC % Historical Data

The historical data trend for Skymark Airlines'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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Skymark Airlines 1-Year ROIIC % Chart

Skymark Airlines Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.21 1,875.53 - - -

Skymark Airlines Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -101.00

Competitive Comparison of Skymark Airlines's 1-Year ROIIC %

For the Airports & Air Services subindustry, Skymark Airlines'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.


Skymark Airlines's 1-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's 1-Year ROIIC % distribution charts can be found below:

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



Skymark Airlines 1-Year ROIIC % Calculation

Skymark Airlines's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 11670.6626 (Dec. 2023) - 3311.7204 (Dec. 2022) )/( 119873 (Dec. 2023) - 128149 (Dec. 2022) )
=8358.9422/-8276
=-101.00%***

* 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.


Skymark Airlines  (TSE:9204) 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.


Skymark Airlines 1-Year ROIIC % Related Terms

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Skymark Airlines (TSE:9204) Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Haneda Airport, Ota-ku, Tokyo,, JPN, 144-00414
Skymark Airlines Inc is engaged in regular air transportation service business.

Skymark Airlines (TSE:9204) Headlines

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