MNGG (Mining Global) 3-Year ROIIC % : 0.00% (As of Aug. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Mining Global 3-Year ROIIC %?

Mining Global MNGG -99.00% 3-Year ROIIC % is 0.00 as of Aug. 2022.

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. Mining Global's 3-Year ROIIC % for the quarter that ended in Aug. 2022 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 Mining Global's 3-Year ROIIC % or its related term are showing as below:

MNGG's 3-Year ROIIC % is not ranked *
in the Metals & Mining industry.
Industry Median: -2.53
* Ranked among companies with meaningful 3-Year ROIIC % only.

Mining Global  (OTCPK:MNGG) 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.

Mining Global 3-Year ROIIC % Related Terms

Mining Global 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mining Global'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.

Mining Global 3-Year ROIIC % Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 86.84 39.74 79.84 0.00

Mining Global Quarterly Data
Feb12 May12 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.00 0.00 0.00 0.13 0.00

MNGG vs STAL, BMXI, NSAUF: 3-Year ROIIC % Comparison

For the Gold subindustry, Mining Global'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.

Mining Global 3-Year ROIIC % vs Metals & Mining Industry

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

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


Mining Global 3-Year ROIIC % Calculation

Mining Global's 3-Year ROIIC % for the quarter that ended in Aug. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0 (Aug. 2022) - -0.042 (Aug. 2019) )/( 0.06 (Aug. 2022) - 1.521 (Aug. 2019) )
=/-1.461
=0.00%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Mining Global (MNGG) has a 3-Year ROIIC % of 0.00 as of Aug. 2022. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mining Global and its competitors.
Is Mining Global's 3-Year ROIIC % too high?
Mining Global's current 3-Year ROIIC % is 0.00.
How does Mining Global's 3-Year ROIIC % compare to STAL and BMXI?
Mining Global's 3-Year ROIIC % of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mining Global and its competitors. Mining Global's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Global stock overvalued right now?
Mining Global (MNGG) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Mining Global (MNGG), the current 3-Year ROIIC % is 0.00 as of Aug. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mining Global Business Description

Address 500 S Australian Avenue, Suite 600, West Palm Beach, FL, USA, 33401
Mining Global Inc is primarily engaged in the acquisition, exploration, and development of mineral properties. The company focuses on mineral deposits of lead, zinc, copper, silver, gold or uranium capable of commercial extraction.