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Hertz Energy (STU:QX1) 3-Year ROIIC % : 0.00% (As of Jul. 2024)


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What is Hertz Energy 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. Hertz Energy does not have enough data to calculate 3-Year ROIIC %.


Hertz Energy 3-Year ROIIC % Historical Data

The historical data trend for Hertz Energy'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.

Hertz Energy 3-Year ROIIC % Chart

Hertz Energy Annual Data
Trend Jul21 Jul22 Jul23 Jul24
3-Year ROIIC %
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Hertz Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24 Jul24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Hertz Energy's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Hertz Energy'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.


Hertz Energy's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Hertz Energy 3-Year ROIIC % Calculation

Hertz Energy's 3-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.374 (Jul. 2024) - 0 (Jul. 2021) )/( 4.993 (Jul. 2024) - 0 (Jul. 2021) )
=/
=N/A%***

* 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.


Hertz Energy  (STU:QX1) 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.


Hertz Energy 3-Year ROIIC % Related Terms

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Hertz Energy Business Description

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Traded in Other Exchanges
Address
1500-1055 West Georgia Street, Royal Centre, Vancouver, BC, CAN, V6E4N7
Hertz Energy Inc is engaged in the exploration and development of mineral resources, currently focusing on projects in Arizona, USA. The company's sole mineral property is the Lucky Mica Project located in the Maricopa County of Arizona, USA and and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil and Snake Lithium Project and both located in James Bay, Quebec.

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