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ERHC Energy (ERHC Energy) 3-Year ROIIC % : 0.00% (As of Sep. 2016)


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What is ERHC 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. ERHC Energy's 3-Year ROIIC % for the quarter that ended in Sep. 2016 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ERHE's 3-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: 8.07
* Ranked among companies with meaningful 3-Year ROIIC % only.

ERHC Energy 3-Year ROIIC % Historical Data

The historical data trend for ERHC 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.

ERHC Energy 3-Year ROIIC % Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
3-Year ROIIC %
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ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of ERHC Energy's 3-Year ROIIC %

For the Oil & Gas E&P subindustry, ERHC 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.


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

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

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



ERHC Energy 3-Year ROIIC % Calculation

ERHC Energy's 3-Year ROIIC % for the quarter that ended in Sep. 2016 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -12.988 (Sep. 2016) - -5.156 (Sep. 2013) )/( 6.706 (Sep. 2016) - 10.496 (Sep. 2013) )
=-7.832/-3.79
=206.65%***

* 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.


ERHC Energy  (OTCPK:ERHE) 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.


ERHC Energy 3-Year ROIIC % Related Terms

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ERHC Energy (ERHC Energy) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

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