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Acurity Health Group (NZSE:ACY) 3-Year ROIIC % : 0.00% (As of Mar. 2014)


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What is Acurity Health Group 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. Acurity Health Group's 3-Year ROIIC % for the quarter that ended in Mar. 2014 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 Acurity Health Group's 3-Year ROIIC % or its related term are showing as below:

NZSE:ACY's 3-Year ROIIC % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.09
* Ranked among companies with meaningful 3-Year ROIIC % only.

Acurity Health Group 3-Year ROIIC % Historical Data

The historical data trend for Acurity Health Group'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.

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Acurity Health Group 3-Year ROIIC % Chart

Acurity Health Group Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
3-Year ROIIC %
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Acurity Health Group Semi-Annual Data
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Competitive Comparison of Acurity Health Group's 3-Year ROIIC %

For the Medical Care Facilities subindustry, Acurity Health Group'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.


Acurity Health Group's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acurity Health Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Acurity Health Group's 3-Year ROIIC % falls into.



Acurity Health Group 3-Year ROIIC % Calculation

Acurity Health Group's 3-Year ROIIC % for the quarter that ended in Mar. 2014 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 9.7591854 (Mar. 2014) - 0.6245148 (Mar. 2011) )/( 184.105 (Mar. 2014) - 113.834 (Mar. 2011) )
=9.1346706/70.271
=13.00%***

* 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.


Acurity Health Group  (NZSE:ACY) 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.


Acurity Health Group 3-Year ROIIC % Related Terms

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Acurity Health Group (NZSE:ACY) Business Description

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Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

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