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NeuPath Health (TSXV:NPTH) 3-Year ROIIC % : -52.79% (As of Dec. 2023)


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What is NeuPath Health 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. NeuPath Health's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -52.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:NPTH's 3-Year ROIIC % is ranked worse than
83.47% of 611 companies
in the Healthcare Providers & Services industry
Industry Median: 2.26 vs TSXV:NPTH: -52.79

NeuPath Health 3-Year ROIIC % Historical Data

The historical data trend for NeuPath Health'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.

NeuPath Health 3-Year ROIIC % Chart

NeuPath Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - 19.52 -52.79

NeuPath Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - -52.79 -

Competitive Comparison of NeuPath Health's 3-Year ROIIC %

For the Medical Care Facilities subindustry, NeuPath Health'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.


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

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

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



NeuPath Health 3-Year ROIIC % Calculation

NeuPath Health's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.5349334 (Dec. 2023) - -0.853374 (Dec. 2020) )/( 32.451 (Dec. 2023) - 31.16 (Dec. 2020) )
=-0.6815594/1.291
=-52.79%***

* 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.


NeuPath Health  (TSXV:NPTH) 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.


NeuPath Health 3-Year ROIIC % Related Terms

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NeuPath Health (TSXV:NPTH) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 2100, Toronto, ON, CAN, M5J 2T3
NeuPath Health Inc operates an end-to-end, integrated network of healthcare businesses. It utilizes research, data-driven insights, technology, and interdisciplinary care to help restore function for patients impacted by acute and chronic musculoskeletal conditions, including chronic pain, spinal injuries, sports-related injuries, and concussions. It operates an interdisciplinary network of medical clinics in Ontario and Alberta, in addition to an independent medical assessment business with a national network of healthcare providers. Its medical clinics provide comprehensive assessments and rehabilitation services to clients with chronic pain, musculoskeletal/back injuries, sports-related injuries, and concussions.
Executives
Grant Connelly Senior Officer
Stephen Lemieux Senior Officer

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