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.
Nanalysis Scientific's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -7.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nanalysis Scientific's 1-Year ROIIC % or its related term are showing as below:
TSXV:NSCI's 1-Year ROIIC % is ranked worse than 57.54% of 2419
companies
in the Hardware industry
Industry Median: 0.67
vs TSXV:NSCI: -7.07
Nanalysis Scientific 1-Year ROIIC % Historical Data
The historical data trend for Nanalysis Scientific'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.
Competitive Comparison of Nanalysis Scientific's 1-Year ROIIC %
For the Scientific & Technical Instruments subindustry, Nanalysis Scientific'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.
Nanalysis Scientific's 1-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Nanalysis Scientific's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nanalysis Scientific's 1-Year ROIIC % falls into.
Nanalysis Scientific 1-Year ROIIC % Calculation
Nanalysis Scientific'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
=
( -11.5331 (Mar. 2024) - -12.6143 (Mar. 2023) )
/
( 45.71 (Mar. 2024) - 61.011 (Mar. 2023) )
=
1.0812
/
-15.301
=
-7.07%***
* 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.
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.
Nanalysis Scientific 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Nanalysis Scientific's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nanalysis Scientific (TSXV:NSCI) Business Description
Nanalysis Scientific Corp designs, manufactures and sells a range of nuclear magnetic resonance (NMR) technologies that go into a range of NMR spectrometers and magnetic resonance imaging (MRI) equipment. The company's original product, the a 60 MHz MR spectrometer, was the first full-featured benchtop NMR spectrometer available on the market. Its operating segments are Nanalysis, RS2D, K'Prime and Corporate. Nanalysis is a patent-protected technology company that develops, manufactures, and sells compact magnetic resonance spectrometers (MR spectrometer) for the pharmaceutical, biotech, chemical, security, food, materials, and education industries. Geographic segments of the group are the U.S., Europe, Canada, Asia and Other regions.
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