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Lobe Sciences (XCNQ:LOBE) 1-Year ROIIC % : 201.63% (As of Feb. 2024)


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What is Lobe Sciences 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. Lobe Sciences's 1-Year ROIIC % for the quarter that ended in Feb. 2024 was 201.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:LOBE's 1-Year ROIIC % is ranked better than
81.67% of 1457 companies
in the Biotechnology industry
Industry Median: -5.03 vs XCNQ:LOBE: 201.63

Lobe Sciences 1-Year ROIIC % Historical Data

The historical data trend for Lobe Sciences'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.

Lobe Sciences 1-Year ROIIC % Chart

Lobe Sciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Aug19 Aug20 Aug21 Aug22 Aug23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -24.40 41.92 -64.84 138.66

Lobe Sciences Quarterly Data
Dec18 Mar19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
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 - -76.48 138.66 147.32 201.63

Competitive Comparison of Lobe Sciences's 1-Year ROIIC %

For the Biotechnology subindustry, Lobe Sciences'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.


Lobe Sciences's 1-Year ROIIC % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lobe Sciences's 1-Year ROIIC % distribution charts can be found below:

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



Lobe Sciences 1-Year ROIIC % Calculation

Lobe Sciences's 1-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -1.136 (Feb. 2024) - -3.854 (Feb. 2023) )/( 2.292 (Feb. 2024) - 0.944 (Feb. 2023) )
=2.718/1.348
=201.63%***

* 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.


Lobe Sciences  (XCNQ:LOBE) 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.


Lobe Sciences 1-Year ROIIC % Related Terms

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Lobe Sciences (XCNQ:LOBE) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5
Lobe Sciences Ltd is a technology and services company that provides real estate, financial, management, IP, and branding support for the development of transformational medicine. It is working to develop effective psilocybin-based therapeutics for the treatment of mild traumatic brain injuries and post-traumatic stress disorder and devices for the efficient application of medications.

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