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Optimus Gold (TSXV:OTS.H) 3-Year ROIIC % : -12.30% (As of Sep. 2024)


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What is Optimus 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. Optimus Gold's 3-Year ROIIC % for the quarter that ended in Sep. 2024 was -12.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:OTS.H's 3-Year ROIIC % is not ranked
in the Metals & Mining industry.
Industry Median: -3.23 vs TSXV:OTS.H: -12.30

Optimus Gold 3-Year ROIIC % Historical Data

The historical data trend for Optimus 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.

Optimus Gold 3-Year ROIIC % Chart

Optimus Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 -2.70 27.22 -15.95 -12.30

Optimus Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - -12.30 -

Competitive Comparison of Optimus Gold's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Optimus 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.


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

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

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


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Optimus Gold 3-Year ROIIC % Calculation

Optimus Gold's 3-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.179 (Sep. 2024) - -0.119 (Sep. 2021) )/( 0.876 (Sep. 2024) - 0.388 (Sep. 2021) )
=-0.06/0.488
=-12.30%***

* 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.


Optimus Gold  (TSXV:OTS.H) 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.


Optimus Gold 3-Year ROIIC % Related Terms

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Optimus Gold Business Description

Traded in Other Exchanges
N/A
Address
889 West Pender Street, Suite 702, Vancouver, BC, CAN, V6C 3B2
Website
Optimus Gold Corp. is a Canada-based mineral exploration company. The Company's principal business is the acquisition, exploration and development of mineral properties with a primary focus on exploration properties demonstrating key potential for hosting large scale ore bodies. The Company has an interest in a gold/silver natural resource exploration property in British Columbia, and the Company can earn an interest in mineral properties in the Yukon Territory and Costa Rica. The Company's projects include Stump Lake Property, Halo Gold Project and Crucitas Gold Project.

Optimus Gold Headlines

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