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Calima Energy (ASX:CE1) 3-Year ROIIC % : 4.42% (As of Dec. 2023)


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What is Calima Energy 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. Calima Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 4.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:CE1's 3-Year ROIIC % is ranked worse than
55.72% of 1023 companies
in the Oil & Gas industry
Industry Median: 7.72 vs ASX:CE1: 4.42

Calima Energy 3-Year ROIIC % Historical Data

The historical data trend for Calima Energy'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.

Calima Energy 3-Year ROIIC % Chart

Calima Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -5.29 -23.95 38.49 4.42

Calima Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -23.95 - 38.49 - 4.42

Competitive Comparison of Calima Energy's 3-Year ROIIC %

For the Oil & Gas E&P subindustry, Calima Energy'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.


Calima Energy's 3-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Calima Energy's 3-Year ROIIC % distribution charts can be found below:

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



Calima Energy 3-Year ROIIC % Calculation

Calima Energy'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**
=( -2.738 (Dec. 2023) - -5.183 (Dec. 2020) )/( 118.435 (Dec. 2023) - 63.139 (Dec. 2020) )
=2.445/55.296
=4.42%***

* 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.


Calima Energy  (ASX:CE1) 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.


Calima Energy 3-Year ROIIC % Related Terms

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Calima Energy (ASX:CE1) Business Description

Traded in Other Exchanges
Address
205 5 Ave SW, Suite 1000, Calgary, AB, CAN, T2P 0M9
Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company primarily focuses on finding and developing new projects. Its projects include Brooks, Thorsby, and Montney. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.

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