GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kingman Minerals Ltd (STU:47A1) » Definitions » 3-Year ROIIC %

Kingman Minerals (STU:47A1) 3-Year ROIIC % : 30.86% (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Kingman Minerals 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. Kingman Minerals's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was 30.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STU:47A1's 3-Year ROIIC % is ranked better than
83.03% of 2186 companies
in the Metals & Mining industry
Industry Median: -4.325 vs STU:47A1: 30.86

Kingman Minerals 3-Year ROIIC % Historical Data

The historical data trend for Kingman Minerals'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.

Kingman Minerals 3-Year ROIIC % Chart

Kingman Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -531.43 -163.92 -458.43 -20.52 30.86

Kingman Minerals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 30.86 - - -

Competitive Comparison of Kingman Minerals's 3-Year ROIIC %

For the Other Precious Metals & Mining subindustry, Kingman Minerals'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.


Kingman Minerals's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Kingman Minerals 3-Year ROIIC % Calculation

Kingman Minerals's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.189 (Sep. 2023) - -0.439 (Sep. 2020) )/( 1.25 (Sep. 2023) - 0.304 (Sep. 2020) )
=0.25/0.946
=26.43%***

* 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.


Kingman Minerals  (STU:47A1) 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.


Kingman Minerals 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Kingman Minerals's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingman Minerals Business Description

Traded in Other Exchanges
Address
555 West Hastings Street, Suite 2150, Vancouver, BC, CAN, V6B 4N6
Kingman Minerals Ltd is in the exploration stage and its principal business activity is the sourcing and exploration of mineral properties in North America. The Mohave Project is located in the Music Mountains in Mohave County, Arizona, and focuses on gold and silver minerals. The company operates in a single industry segment being the acquisition, exploration, and development of mineral properties.

Kingman Minerals Headlines

No Headlines