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Sennen Potash (TSXV:SN.H) 1-Year ROIIC % : 592.31% (As of Oct. 2023)


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What is Sennen Potash 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. Sennen Potash's 1-Year ROIIC % for the quarter that ended in Oct. 2023 was 592.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:SN.H's 1-Year ROIIC % is ranked better than
97.05% of 474 companies
in the Conglomerates industry
Industry Median: 1.915 vs TSXV:SN.H: 592.31

Sennen Potash 1-Year ROIIC % Historical Data

The historical data trend for Sennen Potash'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.

Sennen Potash 1-Year ROIIC % Chart

Sennen Potash Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -9.88 -47.01

Sennen Potash Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -847.73 -47.01 -645.45 -700.00 592.31

Competitive Comparison of Sennen Potash's 1-Year ROIIC %

For the Conglomerates subindustry, Sennen Potash'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.


Sennen Potash's 1-Year ROIIC % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sennen Potash's 1-Year ROIIC % distribution charts can be found below:

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



Sennen Potash 1-Year ROIIC % Calculation

Sennen Potash's 1-Year ROIIC % for the quarter that ended in Oct. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.32 (Oct. 2023) - -0.705 (Oct. 2022) )/( 0.541 (Oct. 2023) - 0.476 (Oct. 2022) )
=0.385/0.065
=592.31%***

* 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.


Sennen Potash  (TSXV:SN.H) 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.


Sennen Potash 1-Year ROIIC % Related Terms

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Sennen Potash (TSXV:SN.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Sennen Potash Corp is exploration stage company based in Canada. It is engaged in the business of seeking and evaluating assets and businesses with a view of potentially acquiring them through a purchase transaction. It operates through one reportable segment being Seeking and Evaluating Assets and Businesses to Acquire.

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