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YourWay Cannabis Brands (XCNQ:YOUR) 1-Year ROIIC % : 0.00% (As of Sep. 2021)


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What is YourWay Cannabis Brands 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. YourWay Cannabis Brands's 1-Year ROIIC % for the quarter that ended in Sep. 2021 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:YOUR's 1-Year ROIIC % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.23
* Ranked among companies with meaningful 1-Year ROIIC % only.

YourWay Cannabis Brands 1-Year ROIIC % Historical Data

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands 1-Year ROIIC % Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
1-Year ROIIC %
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YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of YourWay Cannabis Brands's 1-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis Brands'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.


YourWay Cannabis Brands's 1-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, YourWay Cannabis Brands's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where YourWay Cannabis Brands's 1-Year ROIIC % falls into.



YourWay Cannabis Brands 1-Year ROIIC % Calculation

YourWay Cannabis Brands's 1-Year ROIIC % for the quarter that ended in Sep. 2021 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 3.1329 (Sep. 2021) - -1.6034 (Sep. 2020) )/( 17.525 (Sep. 2021) - 12.394 (Sep. 2020) )
=4.7363/5.131
=92.31%***

* 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.


YourWay Cannabis Brands  (XCNQ:YOUR) 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.


YourWay Cannabis Brands 1-Year ROIIC % Related Terms

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YourWay Cannabis Brands (XCNQ:YOUR) Business Description

Traded in Other Exchanges
N/A
Address
885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.

YourWay Cannabis Brands (XCNQ:YOUR) Headlines

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