GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Helius Minerals Ltd (TSXV:HHH) » Definitions » 1-Year ROIIC %

Helius Minerals (TSXV:HHH) 1-Year ROIIC % : -1,040.00% (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Helius 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. Helius Minerals's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -1,040.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:HHH's 1-Year ROIIC % is ranked worse than
94.51% of 2369 companies
in the Metals & Mining industry
Industry Median: -1.02 vs TSXV:HHH: -1040.00

Helius Minerals 1-Year ROIIC % Historical Data

The historical data trend for Helius 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.

Helius Minerals 1-Year ROIIC % Chart

Helius Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.10 1,151.61 -56.19 13.98 -350.00

Helius Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.12 180.36 -411.94 -350.00 -1,040.00

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

For the Other Industrial Metals & Mining subindustry, Helius 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.


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

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

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



Helius Minerals 1-Year ROIIC % Calculation

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

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.724 (Mar. 2024) - -0.308 (Mar. 2023) )/( 1.192 (Mar. 2024) - 1.152 (Mar. 2023) )
=-0.416/0.04
=-1,040.00%***

* 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.


Helius Minerals  (TSXV:HHH) 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.


Helius Minerals 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Helius Minerals's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Helius Minerals (TSXV:HHH) Business Description

Traded in Other Exchanges
N/A
Address
20 Kings Park Road, Ground Floor, West Perth, WA, AUS, 6005
Altan Nevada Minerals Ltd is a Canada-based exploration company. It is engaged in the business of acquisition and exploration of exploration and evaluation assets in the United States. Some of the company's projects are Venus, Montelle, and Yellow cone. The Venus Copper project is located within the Yerington copper porphyry district in the Walker Lane mineralized belt in Nevada and it consists of 111 unpatented mining claims covering approximately 2,165 acres. The Montelle project lies 28 km west-northwest of Hawthorne, Nevada and is 35 km south-southeast of major copper and copper-gold projects in the Yerington mining district and covers approximately 1,220 acres.

Helius Minerals (TSXV:HHH) Headlines

From GuruFocus

Bill Ackman Bolsters Stake in Howard Hughes Holdings Inc.

By GuruFocus Research 12-07-2023

Bill Ackman Bolsters Stake in Howard Hughes Holdings Inc

By GuruFocus Research 11-15-2023

Bill Ackman Boosts Stake in Howard Hughes Holdings Inc

By GuruFocus Research 10-17-2023

Bill Ackman Boosts Stake in Howard Hughes Holdings Inc

By GuruFocus Research 10-04-2023

Bill Ackman Boosts Stake in Howard Hughes Holdings Inc

By GuruFocus Research 11-02-2023

Bill Ackman Bolsters Stake in Howard Hughes Holdings Inc

By GuruFocus Research 11-29-2023

Bill Ackman Boosts Stake in The Howard Hughes Corporation

By GuruFocus Research 08-23-2023

Bill Ackman Boosts Stake in Howard Hughes Holdings Inc

By GuruFocus Research 09-29-2023

Bill Ackman Boosts Stake in Howard Hughes Holdings Inc

By GuruFocus Research 10-25-2023