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YORKF (York Harbour Metals) 3-Year ROIIC % : -10.94% (As of Jan. 2024)


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What is York Harbour Metals 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. York Harbour Metals's 3-Year ROIIC % for the quarter that ended in Jan. 2024 was -10.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

YORKF's 3-Year ROIIC % is ranked worse than
59.98% of 2184 companies
in the Metals & Mining industry
Industry Median: -4.34 vs YORKF: -10.94

York Harbour Metals 3-Year ROIIC % Historical Data

The historical data trend for York Harbour Metals'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.

York Harbour Metals 3-Year ROIIC % Chart

York Harbour Metals Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 104.79 -69.03 - -10.94

York Harbour Metals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - -10.94 - -

Competitive Comparison of York Harbour Metals's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, York Harbour Metals'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.


York Harbour Metals's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where York Harbour Metals's 3-Year ROIIC % falls into.



York Harbour Metals 3-Year ROIIC % Calculation

York Harbour Metals's 3-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.556 (Jan. 2024) - -0.189 (Jan. 2021) )/( 12.737 (Jan. 2024) - 0.166 (Jan. 2021) )
=-1.367/12.571
=-10.87%***

* 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.


York Harbour Metals  (OTCPK:YORKF) 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.


York Harbour Metals 3-Year ROIIC % Related Terms

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York Harbour Metals Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1518, Vancouver, BC, CAN, V6C 2V6
York Harbour Metals Inc is an exploration and development company focused on the York Harbour Copper-Zinc Project, a past-producing mine located approximately 27 km from Corner Brook, Newfoundland. It also has an interest in Phoenix Gold Properties. The firm operates in single segments.

York Harbour Metals Headlines

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