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Relevant Gold (TSXV:RGC) 1-Year ROIIC % : 3,272.73% (As of Mar. 2024)


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What is Relevant Gold 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. Relevant Gold's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 3,272.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:RGC's 1-Year ROIIC % is ranked better than
98.14% of 2370 companies
in the Metals & Mining industry
Industry Median: -1.01 vs TSXV:RGC: 3272.73

Relevant Gold 1-Year ROIIC % Historical Data

The historical data trend for Relevant Gold'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.

Relevant Gold 1-Year ROIIC % Chart

Relevant Gold Annual Data
Trend Dec21 Dec22 Dec23
1-Year ROIIC %
- -17,480.00 4,432.79

Relevant Gold Quarterly Data
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 - 451.76 1,516.67 4,432.79 3,272.73

Competitive Comparison of Relevant Gold's 1-Year ROIIC %

For the Gold subindustry, Relevant Gold'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.


Relevant Gold's 1-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Relevant Gold 1-Year ROIIC % Calculation

Relevant Gold'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
=( -3.825 (Mar. 2024) - -5.985 (Mar. 2023) )/( 0.146 (Mar. 2024) - 0.08 (Mar. 2023) )
=2.16/0.066
=3,272.73%***

* 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.


Relevant Gold  (TSXV:RGC) 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.


Relevant Gold 1-Year ROIIC % Related Terms

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Relevant Gold (TSXV:RGC) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Relevant Gold Corp is a mineral resource company. The company is focused on the acquisition, exploration, discovery, and development of mineral resource properties in Wyoming, USA. Its properties comprise Golden Buffalo gold property, Lewiston gold property, Windy Flats, Shield-Carissa property, and Bradley Peak property.
Executives
Mahesh Nalinda Liyanage Senior Officer

Relevant Gold (TSXV:RGC) Headlines

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