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Air Astana JSC (XKAZ:AIRA) 1-Year ROIIC % : -3.74% (As of Sep. 2024)


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What is Air Astana JSC 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. Air Astana JSC's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -3.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XKAZ:AIRA's 1-Year ROIIC % is ranked worse than
55.99% of 927 companies
in the Transportation industry
Industry Median: -0.12 vs XKAZ:AIRA: -3.74

Air Astana JSC 1-Year ROIIC % Historical Data

The historical data trend for Air Astana JSC'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.

Air Astana JSC 1-Year ROIIC % Chart

Air Astana JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- 435.23 18.24 2.15

Air Astana JSC Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only - - 2.15 - -3.74

Competitive Comparison of Air Astana JSC's 1-Year ROIIC %

For the Airlines subindustry, Air Astana JSC'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.


Air Astana JSC's 1-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's 1-Year ROIIC % falls into.



Air Astana JSC 1-Year ROIIC % Calculation

Air Astana JSC's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 30388.4475 (Sep. 2024) - 34368.8253 (Sep. 2023) )/( 728129.971 (Sep. 2024) - 621792.037 (Sep. 2023) )
=-3980.3778/106337.934
=-3.74%***

* 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.


Air Astana JSC  (XKAZ:AIRA) 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.


Air Astana JSC 1-Year ROIIC % Related Terms

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Air Astana JSC Business Description

Comparable Companies
Traded in Other Exchanges
Address
4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000
Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

Air Astana JSC Headlines

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