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Sitka Gold (TSXV:SIG) 1-Year ROIIC % : -8.12% (As of Jun. 2024)


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What is Sitka 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. Sitka Gold's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -8.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:SIG's 1-Year ROIIC % is ranked worse than
56.15% of 2308 companies
in the Metals & Mining industry
Industry Median: -1.43 vs TSXV:SIG: -8.12

Sitka Gold 1-Year ROIIC % Historical Data

The historical data trend for Sitka 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.

Sitka Gold 1-Year ROIIC % Chart

Sitka Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial 209.93 -15.86 -10.41 5.53 -1.76

Sitka Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.14 1.35 -1.76 -10.31 -8.12

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

For the Gold subindustry, Sitka 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.


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

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

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



Sitka Gold 1-Year ROIIC % Calculation

Sitka Gold's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -1.987 (Jun. 2024) - -1.077 (Jun. 2023) )/( 29.557 (Jun. 2024) - 18.353 (Jun. 2023) )
=-0.91/11.204
=-8.12%***

* 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.


Sitka Gold  (TSXV:SIG) 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.


Sitka Gold 1-Year ROIIC % Related Terms

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Sitka Gold Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Sitka Gold Corp is engaged in the exploration of mineral resources in Nunavut Canada, Nevada USA and Arizona USA, and Yukon Canada. The company's projects include RC Gold and OGI in Yukon, Burro Creek Gold in Arizona, Alpha Gold in Nevada, OGI Property in Yukon, and Coppermine River in Nunavut.