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Symbol Mining (ASX:SL1) 5-Year ROIIC % : 0.00% (As of Dec. 2019)


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What is Symbol Mining 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. Symbol Mining's 5-Year ROIIC % for the quarter that ended in Dec. 2019 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:SL1's 5-Year ROIIC % is not ranked *
in the Metals & Mining industry.
Industry Median: -2.885
* Ranked among companies with meaningful 5-Year ROIIC % only.

Symbol Mining 5-Year ROIIC % Historical Data

The historical data trend for Symbol Mining'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.

Symbol Mining 5-Year ROIIC % Chart

Symbol Mining Annual Data
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Symbol Mining Semi-Annual Data
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Competitive Comparison of Symbol Mining's 5-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Symbol Mining'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.


Symbol Mining's 5-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Symbol Mining's 5-Year ROIIC % distribution charts can be found below:

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



Symbol Mining 5-Year ROIIC % Calculation

Symbol Mining's 5-Year ROIIC % for the quarter that ended in Dec. 2019 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -17.986 (Dec. 2019) - -11.092 (Dec. 2014) )/( 0.471 (Dec. 2019) - 14.706 (Dec. 2014) )
=-6.894/-14.235
=48.43%***

* 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.


Symbol Mining  (ASX:SL1) 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.


Symbol Mining 5-Year ROIIC % Related Terms

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Symbol Mining (ASX:SL1) Business Description

Traded in Other Exchanges
N/A
Address
331-335 Hay Street, Unit 6, Subiaco, WA, AUS, 6000
Symbol Mining Ltd is a mineral exploration company. It is focused on the development and commercialization of high margin, high-grade base metals projects. The company's project profile includes Imperial Project and Tawny Project. The Imperial Project consists of three exploration licenses and three small-scale mining leases, covering approximately 510km2. The Tawny Project is located approximately 150km east/southeast of the capital Abuja in the state of Nasawarra.

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