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Newport Exploration (Newport Exploration) 3-Year ROIIC % : -81.12% (As of Jul. 2023)


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What is Newport Exploration 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. Newport Exploration's 3-Year ROIIC % for the quarter that ended in Jul. 2023 was -81.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NWXPF's 3-Year ROIIC % is ranked worse than
82.76% of 2170 companies
in the Metals & Mining industry
Industry Median: -5.325 vs NWXPF: -81.12

Newport Exploration 3-Year ROIIC % Historical Data

The historical data trend for Newport Exploration'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.

Newport Exploration 3-Year ROIIC % Chart

Newport Exploration Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.90 40.78 2,055.16 -1.43 -81.12

Newport Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - -81.12 - -

Competitive Comparison of Newport Exploration's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Newport Exploration'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.


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

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

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



Newport Exploration 3-Year ROIIC % Calculation

Newport Exploration's 3-Year ROIIC % for the quarter that ended in Jul. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.8255925 (Jul. 2023) - -1.0240652 (Jul. 2020) )/( 0.96 (Jul. 2023) - 1.206 (Jul. 2020) )
=0.1984727/-0.246
=-80.68%***

* 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.


Newport Exploration  (OTCPK:NWXPF) 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.


Newport Exploration 3-Year ROIIC % Related Terms

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Newport Exploration (Newport Exploration) Business Description

Traded in Other Exchanges
Address
2168 Marine Drive, Suite 202, Vancouver, BC, CAN, V7V 1K3
Newport Exploration Ltd is an exploration stage company. It is engaged in the acquisition and exploration of resource properties. Its projects include Cooper Basin in Australia and Chu Chua property in Canada. Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. Its Cooper Basin project includes EX-PEL 91 OIL and EX-PEL'S 632, 106, and PPL 239-WET GAS, which is located on Western Wet Gas Fairway, Cooper Basin.

Newport Exploration (Newport Exploration) Headlines