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Cobalt Blue Holdings (ASX:COB) 3-Year ROIIC % : -388.98% (As of Jun. 2024)


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What is Cobalt Blue Holdings 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. Cobalt Blue Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -388.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:COB's 3-Year ROIIC % is ranked worse than
93.68% of 2184 companies
in the Metals & Mining industry
Industry Median: -4.34 vs ASX:COB: -388.98

Cobalt Blue Holdings 3-Year ROIIC % Historical Data

The historical data trend for Cobalt Blue Holdings'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.

Cobalt Blue Holdings 3-Year ROIIC % Chart

Cobalt Blue Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial - -5.83 -9.86 -8.83 -388.98

Cobalt Blue Holdings Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -9.86 - -8.83 - -388.98

Competitive Comparison of Cobalt Blue Holdings's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Cobalt Blue Holdings'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.


Cobalt Blue Holdings's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cobalt Blue Holdings's 3-Year ROIIC % falls into.



Cobalt Blue Holdings 3-Year ROIIC % Calculation

Cobalt Blue Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -38.891 (Jun. 2024) - -2.778 (Jun. 2021) )/( 36.797 (Jun. 2024) - 27.513 (Jun. 2021) )
=-36.113/9.284
=-388.98%***

* 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.


Cobalt Blue Holdings  (ASX:COB) 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.


Cobalt Blue Holdings 3-Year ROIIC % Related Terms

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


Cobalt Blue Holdings Business Description

Traded in Other Exchanges
Address
100 Miller Street, Suite 17.03, Level 17, North Sydney, Sydney, NSW, AUS, 2060
Cobalt Blue Holdings Ltd focuses upon the development and commercialisation of the Broken Hill Cobalt Deposit, Broken Hill, NSW. Its currently organised into two operating segmentsBroken Hill Cobalt Project and Kwinana Cobalt Refinery Project.

Cobalt Blue Holdings Headlines

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