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Current Water Technologies (Current Water Technologies) 3-Year ROIIC % : 274.44% (As of Dec. 2023)


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What is Current Water Technologies 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. Current Water Technologies's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 274.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ENPRF's 3-Year ROIIC % is ranked better than
97.46% of 2914 companies
in the Industrial Products industry
Industry Median: 4.68 vs ENPRF: 274.44

Current Water Technologies 3-Year ROIIC % Historical Data

The historical data trend for Current Water Technologies'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.

Current Water Technologies 3-Year ROIIC % Chart

Current Water Technologies 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 121.99 367.15 208.37 274.44 -

Current Water Technologies 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 274.44 - - - -

Competitive Comparison of Current Water Technologies's 3-Year ROIIC %

For the Pollution & Treatment Controls subindustry, Current Water Technologies'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.


Current Water Technologies's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Current Water Technologies's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Current Water Technologies's 3-Year ROIIC % falls into.



Current Water Technologies 3-Year ROIIC % Calculation

Current Water Technologies'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**
=( -0.398 (Dec. 2023) - -0.213 (Dec. 2020) )/( 1.324 (Dec. 2023) - 0.889 (Dec. 2020) )
=-0.185/0.435
=-42.53%***

* 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.


Current Water Technologies  (OTCPK:ENPRF) 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.


Current Water Technologies 3-Year ROIIC % Related Terms

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Current Water Technologies (Current Water Technologies) Business Description

Traded in Other Exchanges
Address
70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5
Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

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