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Aben Minerals (Aben Minerals) 3-Year ROIIC % : 536.55% (As of Sep. 2023)


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What is Aben Minerals 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Aben Minerals's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was 536.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Aben Minerals's 3-Year ROIIC % or its related term are showing as below:

ABNAF's 3-Year ROIIC % is ranked better than
97.49% of 2148 companies
in the Metals & Mining industry
Industry Median: -5.08 vs ABNAF: 536.55

Aben Minerals 3-Year ROIIC % Historical Data

The historical data trend for Aben Minerals's 3-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.

Aben Minerals 3-Year ROIIC % Chart

Aben Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.26 -4.83 30.48 121.59 536.55

Aben Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-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 - - - 536.55 -

Competitive Comparison of Aben Minerals's 3-Year ROIIC %

For the Gold subindustry, Aben Minerals's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Aben Minerals's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aben Minerals's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Aben Minerals's 3-Year ROIIC % falls into.



Aben Minerals 3-Year ROIIC % Calculation

Aben Minerals's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.541 (Sep. 2023) - -1.141 (Sep. 2020) )/( 10.108 (Sep. 2023) - 10.228 (Sep. 2020) )
=0.6/-0.12
=-500.00%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Aben Minerals  (OTCPK:ABNAF) 3-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.


Aben Minerals 3-Year ROIIC % Related Terms

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Aben Minerals (Aben Minerals) Business Description

Traded in Other Exchanges
Address
1610 - 777 Dunsmuir Street, P.O. Box 10427, Vancouver, BC, CAN, V7Y 1K4
Aben Minerals Ltd is an exploration and development-stage company engaged in the business of acquisition, exploration, and evaluation of mineral resource properties. The company's projects include Justin Gold and Forrest Kerr Gold.