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FinCanna Capital (XCNQ:CALI.X) 3-Year ROIIC % : -3.75% (As of Apr. 2023)


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What is FinCanna Capital 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. FinCanna Capital's 3-Year ROIIC % for the quarter that ended in Apr. 2023 was -3.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:CALI.X's 3-Year ROIIC % is ranked worse than
72.37% of 380 companies
in the Credit Services industry
Industry Median: 2.235 vs XCNQ:CALI.X: -3.75

FinCanna Capital 3-Year ROIIC % Historical Data

The historical data trend for FinCanna Capital'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.

FinCanna Capital 3-Year ROIIC % Chart

FinCanna Capital Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -14.61 -25.31 12.68 -3.75

FinCanna Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - -3.75 - - -

Competitive Comparison of FinCanna Capital's 3-Year ROIIC %

For the Credit Services subindustry, FinCanna Capital'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.


FinCanna Capital's 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FinCanna Capital's 3-Year ROIIC % distribution charts can be found below:

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



FinCanna Capital 3-Year ROIIC % Calculation

FinCanna Capital's 3-Year ROIIC % for the quarter that ended in Apr. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.739 (Apr. 2023) - -2.152 (Apr. 2020) )/( 3.125 (Apr. 2023) - 14.153 (Apr. 2020) )
=0.413/-11.028
=-3.75%***

* 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.


FinCanna Capital  (XCNQ:CALI.X) 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.


FinCanna Capital 3-Year ROIIC % Related Terms

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FinCanna Capital (XCNQ:CALI.X) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
FinCanna Capital Corp is a Canada based royalty investment company for licensed medical cannabis. The organization operates in one business segment, being a financier of companies operating in the cannabis sector located in the United States.

FinCanna Capital (XCNQ:CALI.X) Headlines

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