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Mercado Minerals (XCNQ:MERC) 3-Year ROIIC % : 0.00% (As of Feb. 2024)


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What is Mercado Minerals 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. Mercado Minerals does not have enough data to calculate 3-Year ROIIC %.


Mercado Minerals 3-Year ROIIC % Historical Data

The historical data trend for Mercado Minerals'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.

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Mercado Minerals 3-Year ROIIC % Chart

Mercado Minerals Annual Data
Trend Feb22 Feb23 Feb24
3-Year ROIIC %
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Mercado Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 - - - - -

Competitive Comparison of Mercado Minerals's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Mercado Minerals'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.


Mercado Minerals's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Mercado Minerals 3-Year ROIIC % Calculation

Mercado Minerals's 3-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.191 (Feb. 2024) - (Feb. 2021) )/( 0.312 (Feb. 2024) - (Feb. 2021) )
=/
=N/A%***

* 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.


Mercado Minerals  (XCNQ:MERC) 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.


Mercado Minerals 3-Year ROIIC % Related Terms

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Mercado Minerals Business Description

Traded in Other Exchanges
N/A
Address
551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2
Website
Mercado Minerals Ltd formerly Heartfield Mining Corp is engaged in the acquisition and exploration of mineral property assets. It operates in one geographic location, Canada, and has one reportable segment, the exploration and evaluation of mineral resource properties.
Executives
Michael R. Dake Director
Sean Mcgrath Director, Senior Officer