GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Waraba Gold Ltd (XCNQ:WBGD) » Definitions » 1-Year ROIIC %

Waraba Gold (XCNQ:WBGD) 1-Year ROIIC % : 104.76% (As of Jan. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Waraba 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. Waraba Gold's 1-Year ROIIC % for the quarter that ended in Jan. 2024 was 104.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:WBGD's 1-Year ROIIC % is ranked better than
82.99% of 2375 companies
in the Metals & Mining industry
Industry Median: -1.08 vs XCNQ:WBGD: 104.76

Waraba Gold 1-Year ROIIC % Historical Data

The historical data trend for Waraba 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.

Waraba Gold 1-Year ROIIC % Chart

Waraba Gold Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
1-Year ROIIC %
Get a 7-Day Free Trial 130.03 584.48 -543.58 -129.90 -641.60

Waraba Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,574.55 1,678.91 -641.60 -1,067.19 104.76

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

For the Other Industrial Metals & Mining subindustry, Waraba 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.


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

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

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



Waraba Gold 1-Year ROIIC % Calculation

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

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -1.753 (Jan. 2024) - -1.137 (Jan. 2023) )/( 0.114 (Jan. 2024) - 0.702 (Jan. 2023) )
=-0.616/-0.588
=104.76%***

* 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.


Waraba Gold  (XCNQ:WBGD) 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.


Waraba Gold 1-Year ROIIC % Related Terms

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


Waraba Gold (XCNQ:WBGD) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Waraba Gold Ltd is a mineral exploration company in British Columbia, Canada. It is engaged in acquiring and exploring mineral properties. The projects carried out by the company include Mali Gold Project and Scotch Creek Property. The Company operates in a single reportable operating segment; exploration and evaluation business in two geographical areas, Canada, and Mali.

Waraba Gold (XCNQ:WBGD) Headlines

No Headlines