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.
Loop Industries's 5-Year ROIIC % for the quarter that ended in Feb. 2024 was -597.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Loop Industries's 5-Year ROIIC % or its related term are showing as below:
LOOP's 5-Year ROIIC % is ranked worse than 99.11% of 1455
companies
in the Chemicals industry
Industry Median: 2.21
vs LOOP: -597.47
Loop Industries 5-Year ROIIC % Historical Data
The historical data trend for Loop Industries'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.
Competitive Comparison of Loop Industries's 5-Year ROIIC %
For the Specialty Chemicals subindustry, Loop Industries'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.
Loop Industries's 5-Year ROIIC % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Loop Industries's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Loop Industries's 5-Year ROIIC % falls into.
Loop Industries 5-Year ROIIC % Calculation
Loop Industries's 5-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( -21.749 (Feb. 2024) - -12.763 (Feb. 2019) )
/
( 13.466 (Feb. 2024) - 11.962 (Feb. 2019) )
=
-8.986
/
1.504
=
-597.47%***
* 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.
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.
Loop Industries 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Loop Industries's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.
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