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ASTS (AST SpaceMobile) 3-Year ROIIC % : -92.35% (As of Dec. 2023)


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What is AST SpaceMobile 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. AST SpaceMobile's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -92.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASTS's 3-Year ROIIC % is ranked worse than
90.51% of 2414 companies
in the Hardware industry
Industry Median: 2.39 vs ASTS: -92.35

AST SpaceMobile 3-Year ROIIC % Historical Data

The historical data trend for AST SpaceMobile'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.

AST SpaceMobile 3-Year ROIIC % Chart

AST SpaceMobile Annual Data
Trend Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - -92.35

AST SpaceMobile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -92.35 - - -

Competitive Comparison of AST SpaceMobile's 3-Year ROIIC %

For the Communication Equipment subindustry, AST SpaceMobile'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.


AST SpaceMobile's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AST SpaceMobile's 3-Year ROIIC % distribution charts can be found below:

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



AST SpaceMobile 3-Year ROIIC % Calculation

AST SpaceMobile's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -224.0569892 (Dec. 2023) - -24.4885278 (Dec. 2020) )/( 269.245 (Dec. 2023) - 53.137 (Dec. 2020) )
=-199.5684614/216.108
=-92.35%***

* 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.


AST SpaceMobile  (NAS:ASTS) 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.


AST SpaceMobile 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of AST SpaceMobile's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


AST SpaceMobile Business Description

Traded in Other Exchanges
Address
2901 Enterprise Lane, Midland Intl. Air & Space Port, Midland, TX, USA, 79706
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Executives
Shanti B. Gupta officer: Chief Accounting Officer AST SCIENCE MIDLAND INTL AIR&SPACE PORT, 2901 ENTERPRISE LANE, MIDLAND TX 79706
Adriana Cisneros director 700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Sean R. Wallace officer: Chief Financial Officer C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Atc Trs Ii Llc other: Member of 10% owner group 116 HUNTINGTON AVENUE, BOSTON MA 02116
American Tower Corp /ma/ other: Member of 10% owner group 116 HUNTINGTON AVE, BOSTON MA 02116
Invesat Llc 10 percent owner 700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Richard Sarnoff director C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Vodafone Ventures Ltd 10 percent owner VODAFONE HOUSE, THE CONNECTION, NEWBURY X0 RG14 2FN
Brian Heller officer: EVP, GC & Secretary C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Tareq Amin director C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Luke Ibbetson director C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Ronald L Rubin director 601 CLEARWATER PARK RD, WEST PALM BEACH FL 33401
Gustavo A Cisneros 10 percent owner FINSER CORP, 550 BILTMORE WAY, CORAL GABLES FL 33134
Vodafone Group Public Ltd Co 10 percent owner VODAFONE HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE X0 RG14 2FN
Hiroshi Mikitani director C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107