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Salazar Resources (TSXV:SRL) 3-Year ROIIC % : -709.92% (As of Dec. 2023)


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What is Salazar Resources 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. Salazar Resources's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -709.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:SRL's 3-Year ROIIC % is ranked worse than
95.47% of 2184 companies
in the Metals & Mining industry
Industry Median: -4.34 vs TSXV:SRL: -709.92

Salazar Resources 3-Year ROIIC % Historical Data

The historical data trend for Salazar Resources'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.

Salazar Resources 3-Year ROIIC % Chart

Salazar Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.43 8.51 2.95 27.63 -709.92

Salazar Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -709.92 - - -

Competitive Comparison of Salazar Resources's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Salazar Resources'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.


Salazar Resources's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Salazar Resources 3-Year ROIIC % Calculation

Salazar Resources'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**
=( -2.339 (Dec. 2023) - -1.48 (Dec. 2020) )/( 22.764 (Dec. 2023) - 22.643 (Dec. 2020) )
=-0.859/0.121
=-709.92%***

* 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.


Salazar Resources  (TSXV:SRL) 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.


Salazar Resources 3-Year ROIIC % Related Terms

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


Salazar Resources Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Salazar Resources Ltd is a Canada based junior mineral exploration company engaged in the acquisition and exploration of mineral properties located in Latin America. Its projects include Curipamba and Ruminahui. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets. The Company's exploration and evaluation assets are located in Ecuador and its corporate assets are located in Canada.
Executives
Nick Demare Director, Senior Officer
Merlin Marr-johnson Director, Senior Officer
Etienne E.v. Walter Director

Salazar Resources Headlines

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