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.
Skkynet Cloud Systems's 3-Year ROIIC % for the quarter that ended in Oct. 2024 was 233.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Skkynet Cloud Systems's 3-Year ROIIC % or its related term are showing as below:
SKKY's 3-Year ROIIC % is ranked better than 95.4% of 2585
companies
in the Software industry
Industry Median: 4.18
vs SKKY: 233.21
Skkynet Cloud Systems 3-Year ROIIC % Historical Data
The historical data trend for Skkynet Cloud Systems'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.
Competitive Comparison of Skkynet Cloud Systems's 3-Year ROIIC %
For the Software - Infrastructure subindustry, Skkynet Cloud Systems'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.
Skkynet Cloud Systems's 3-Year ROIIC % Distribution in the Software Industry
For the Software industry and Technology sector, Skkynet Cloud Systems's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Skkynet Cloud Systems's 3-Year ROIIC % falls into.
* 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.
Skkynet Cloud Systems (OTCPK:SKKY) 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.
Skkynet Cloud Systems 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Skkynet Cloud Systems's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
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