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Redcastle Resources (ASX:RC1) 3-Year ROIIC % : 0.00% (As of Jun. 2024)


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What is Redcastle Resources 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. Redcastle Resources does not have enough data to calculate 3-Year ROIIC %.


Redcastle Resources 3-Year ROIIC % Historical Data

The historical data trend for Redcastle Resources'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.

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Redcastle Resources 3-Year ROIIC % Chart

Redcastle Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
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Redcastle Resources Semi-Annual Data
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Competitive Comparison of Redcastle Resources's 3-Year ROIIC %

For the Gold subindustry, Redcastle Resources'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.


Redcastle Resources's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Redcastle Resources 3-Year ROIIC % Calculation

Redcastle Resources'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**
=( -0.614 (Jun. 2024) - -0.334 (Jun. 2021) )/( 3.008 (Jun. 2024) - 0 (Jun. 2021) )
=-0.28/
=N/A%***

* 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.


Redcastle Resources  (ASX:RC1) 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.


Redcastle Resources 3-Year ROIIC % Related Terms

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Redcastle Resources Business Description

Traded in Other Exchanges
N/A
Address
23 Railway Road, Suite 11, 12, Level 2, Subiaco, Perth, WA, AUS, 6008
Redcastle Resources Ltd is a gold and mineral resources exploration company. Its focus is on its Redcastle Gold Project surrounding the locality of the Redcastle Mining Centre within the Mt Morgans District of Western Australia.

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