GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Highland Copper Co Inc (OTCPK:HDRSF) » Definitions » 3-Year ROIIC %

HDRSF (Highland Copper Co) 3-Year ROIIC % : 63.50% (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Highland Copper Co 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. Highland Copper Co's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was 63.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HDRSF's 3-Year ROIIC % is ranked better than
87.69% of 2186 companies
in the Metals & Mining industry
Industry Median: -4.34 vs HDRSF: 63.50

Highland Copper Co 3-Year ROIIC % Historical Data

The historical data trend for Highland Copper Co'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.

Highland Copper Co 3-Year ROIIC % Chart

Highland Copper Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.42 39.83 4.02 31.59 63.50

Highland Copper Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 63.50 -

Competitive Comparison of Highland Copper Co's 3-Year ROIIC %

For the Copper subindustry, Highland Copper Co'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.


Highland Copper Co's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Highland Copper Co's 3-Year ROIIC % falls into.



Highland Copper Co 3-Year ROIIC % Calculation

Highland Copper Co'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**
=( -12.8977621 (Jun. 2024) - -1.625 (Jun. 2021) )/( 37.912 (Jun. 2024) - 62.742 (Jun. 2021) )
=-11.2727621/-24.83
=45.40%***

* 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.


Highland Copper Co  (OTCPK:HDRSF) 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.


Highland Copper Co 3-Year ROIIC % Related Terms

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


Highland Copper Co Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street West, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Highland Copper Co Inc is a mineral exploration company principally engaged in the acquisition, exploration, and development of mineral properties. It is a copper development company, focused on sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, USA. The projects of the company are the Copperwood project, White Pine North project, UPX Property, and Keweenaw project.

Highland Copper Co Headlines