What is WildHorse Resource Development 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.
WildHorse Resource Development's 1-Year ROIIC % for the quarter that ended in Sep. 2018 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
* 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.
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WildHorse Resource Development 1-Year ROIIC % Chart
Competitive Comparison of WildHorse Resource Development's 1-Year ROIIC %
For the Oil & Gas E&P subindustry, WildHorse Resource Development'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.
WildHorse Resource Development's 1-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, WildHorse Resource Development's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where WildHorse Resource Development's 1-Year ROIIC % falls into.
WildHorse Resource Development 1-Year ROIIC % Calculation
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 171.5386 (Sep. 2018) - 30.4824 (Sep. 2017) )
/
( 3089.077 (Sep. 2018) - 2468.568 (Sep. 2017) )
=
141.0562
/
620.509
=
22.73%***
* 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.
WildHorse Resource Development (NYSE:WRD) 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.
WildHorse Resource Development 1-Year ROIIC % Related Terms
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WildHorse Resource Development (WildHorse Resource Development) Business Description
WildHorse Resource Development Corp is an independent oil and natural gas company. The company is focused on the acquisition, exploitation, development and production of oil, natural gas and NGL resources. The company operates in Burleson, Lee and Washington Counties where the target is on Eagle Ford Shale, which is one of the active shale trends in North America. The company's objective is to deliver shareholder value through accretive growth in reserves, production and cash flow by developing and expanding portfolio of drilling locations.
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