GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bathurst Metals Corp (FRA:J1Q0) » Definitions » 3-Year ROIIC %

Bathurst Metals (FRA:J1Q0) 3-Year ROIIC % : -31.20% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Bathurst Metals 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. Bathurst Metals's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was -31.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:J1Q0's 3-Year ROIIC % is ranked worse than
73.1% of 2186 companies
in the Metals & Mining industry
Industry Median: -4.34 vs FRA:J1Q0: -31.20

Bathurst Metals 3-Year ROIIC % Historical Data

The historical data trend for Bathurst Metals'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.

Bathurst Metals 3-Year ROIIC % Chart

Bathurst Metals Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -434.25 -151.34 -31.20

Bathurst Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -31.20 - - -

Competitive Comparison of Bathurst Metals's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Bathurst Metals'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.


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

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

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



Bathurst Metals 3-Year ROIIC % Calculation

Bathurst Metals's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.283 (Sep. 2023) - -0.099 (Sep. 2020) )/( 0.767 (Sep. 2023) - 0.189 (Sep. 2020) )
=-0.184/0.578
=-31.83%***

* 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.


Bathurst Metals  (FRA:J1Q0) 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.


Bathurst Metals 3-Year ROIIC % Related Terms

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


Bathurst Metals Business Description

Traded in Other Exchanges
Address
700-1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Bathurst Metals Corp is an exploration-stage company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. The company holds an interest in the Turner Lake, Gela Lake Navanut, Muskox Reef, Peerless, McAvoy Lake projects and others.

Bathurst Metals Headlines

No Headlines