GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Core Assets Corp (XCNQ:CC) » Definitions » 1-Year ROIIC %

Core Assets (XCNQ:CC) 1-Year ROIIC % : 35.11% (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Core Assets 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. Core Assets's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 35.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:CC's 1-Year ROIIC % is ranked better than
71.28% of 2430 companies
in the Metals & Mining industry
Industry Median: -1.35 vs XCNQ:CC: 35.11

Core Assets 1-Year ROIIC % Historical Data

The historical data trend for Core Assets'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.

Core Assets 1-Year ROIIC % Chart

Core Assets Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
1-Year ROIIC %
- -366.67 -82.18 -26.53 44.46

Core Assets 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 -17.72 44.46 41.20 67.81 35.11

Competitive Comparison of Core Assets's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Core Assets'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.


Core Assets's 1-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Core Assets 1-Year ROIIC % Calculation

Core Assets'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
=( -1.0317 (Jun. 2024) - -2.041 (Jun. 2023) )/( 10.349 (Jun. 2024) - 7.474 (Jun. 2023) )
=1.0093/2.875
=35.11%***

* 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.


Core Assets  (XCNQ:CC) 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.


Core Assets 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Core Assets's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Core Assets Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Core Assets Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, development, and mining of mineral properties. It is focused on the exploration of copper and silver. Its only project includes the Silver Lime project, the Laverdiere project, and the Kim Skarn project.
Executives
Nicholas Richard Rodway Director
Zimtu Capital Corp. 10% Security Holder
Joshua Vann Senior Officer
David Hodge Director
Andrew Olaf Carne Director
Scott Rose Director, Senior Officer