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Credit Group (ASX:CCP) 5-Year ROIIC % : 0.20% (As of Jun. 2023)


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What is Credit Group 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Credit Group's 5-Year ROIIC % for the quarter that ended in Jun. 2023 was 0.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Credit Group's 5-Year ROIIC % or its related term are showing as below:

ASX:CCP's 5-Year ROIIC % is ranked worse than
63.89% of 360 companies
in the Credit Services industry
Industry Median: 2.085 vs ASX:CCP: 0.20

Credit Group 5-Year ROIIC % Historical Data

The historical data trend for Credit Group's 5-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.

Credit Group 5-Year ROIIC % Chart

Credit Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.23 -7.21 5.96 5.61 0.20

Credit Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-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 - 5.61 - 0.20 -

Competitive Comparison of Credit Group's 5-Year ROIIC %

For the Credit Services subindustry, Credit Group's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Credit Group's 5-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Credit Group's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Credit Group's 5-Year ROIIC % falls into.



Credit Group 5-Year ROIIC % Calculation

Credit Group's 5-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 63.8843176 (Jun. 2023) - 62.3317257 (Jun. 2018) )/( 1144.87 (Jun. 2023) - 352.858 (Jun. 2018) )
=1.5525919/792.012
=0.20%***

* 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 5-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.


Credit Group  (ASX:CCP) 5-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.


Credit Group 5-Year ROIIC % Related Terms

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Credit Group (ASX:CCP) Business Description

Traded in Other Exchanges
Address
201 Kent Street, Level 15, Sydney, NSW, AUS, 2000
Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

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