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Keras Resources (LSE:KRS) 3-Year ROIIC % : -4.86% (As of Dec. 2022)


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What is Keras 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. Keras Resources's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was -4.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LSE:KRS's 3-Year ROIIC % is ranked better than
50.39% of 2161 companies
in the Metals & Mining industry
Industry Median: -5.09 vs LSE:KRS: -4.86

Keras Resources 3-Year ROIIC % Historical Data

The historical data trend for Keras 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.

* Premium members only.

Keras Resources 3-Year ROIIC % Chart

Keras Resources Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 -166.09 -13.45 1.60 -4.86

Keras Resources Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Jun22 Dec22 Jun23
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 - - - -4.86 -

Competitive Comparison of Keras Resources's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Keras 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.


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

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

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



Keras Resources 3-Year ROIIC % Calculation

Keras Resources's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.683 (Dec. 2022) - -0.466 (Sep. 2019) )/( 6.006 (Dec. 2022) - 1.538 (Sep. 2019) )
=-0.217/4.468
=-4.86%***

* 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.


Keras Resources  (LSE:KRS) 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.


Keras Resources 3-Year ROIIC % Related Terms

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Keras Resources (LSE:KRS) Business Description

Traded in Other Exchanges
Address
Downside Bridge Road, Coveham House, Cobham, Surrey, GBR, KT11 3EP
Keras Resources PLC is engaged in exploration and mining. It principally engages in the business of manganese and cobalt exploration in West Africa. The company's main projects are the Nayega manganese project and the Diamond Creek Phosphate mine. The operation produces a variety of organic phosphate products directly for the US fertilizer market. It derives a majority of its revenue from the US.

Keras Resources (LSE:KRS) Headlines

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