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Big Ridge Gold (TSXV:BRAU) 3-Year ROIIC % : -292.49% (As of Jun. 2023)


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What is Big Ridge Gold 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. Big Ridge Gold's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was -292.49%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:BRAU's 3-Year ROIIC % is ranked worse than
92.28% of 2162 companies
in the Metals & Mining industry
Industry Median: -5.055 vs TSXV:BRAU: -292.49

Big Ridge Gold 3-Year ROIIC % Historical Data

The historical data trend for Big Ridge Gold'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.

Big Ridge Gold 3-Year ROIIC % Chart

Big Ridge Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 402.08 - -12.06 -646.62 -292.49

Big Ridge Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -292.49 - -

Competitive Comparison of Big Ridge Gold's 3-Year ROIIC %

For the Gold subindustry, Big Ridge Gold'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.


Big Ridge Gold's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Big Ridge Gold's 3-Year ROIIC % falls into.



Big Ridge Gold 3-Year ROIIC % Calculation

Big Ridge Gold's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -3.511 (Jun. 2023) - -0.627 (Jun. 2020) )/( 5.34 (Jun. 2023) - 4.354 (Jun. 2020) )
=-2.884/0.986
=-292.49%***

* 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.


Big Ridge Gold  (TSXV:BRAU) 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.


Big Ridge Gold 3-Year ROIIC % Related Terms

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Big Ridge Gold (TSXV:BRAU) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
Big Ridge Gold Corp is an exploration and development company with a portfolio of 100% owned Canadian gold properties. The company is focused on the Oxford Gold Project located in Manitoba, it is active in the prolific Abitibi greenstone belt in Quebec on the Destiny gold property and is exploring the Beardmore-Geraldton gold belt in Ontario.
Executives
Kristina Heidi Bates Director

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