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LRDC (Laredo Oil) 5-Year ROIIC % : -44.32% (As of May. 2024)


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What is Laredo Oil 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. Laredo Oil's 5-Year ROIIC % for the quarter that ended in May. 2024 was -44.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LRDC's 5-Year ROIIC % is ranked worse than
86.86% of 959 companies
in the Oil & Gas industry
Industry Median: 2.75 vs LRDC: -44.32

Laredo Oil 5-Year ROIIC % Historical Data

The historical data trend for Laredo Oil'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.

Laredo Oil 5-Year ROIIC % Chart

Laredo Oil Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -118.40 -7.48 -22.05 -58.48 -44.32

Laredo Oil Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - -44.32 -

Competitive Comparison of Laredo Oil's 5-Year ROIIC %

For the Oil & Gas E&P subindustry, Laredo Oil'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.


Laredo Oil's 5-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Laredo Oil's 5-Year ROIIC % distribution charts can be found below:

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



Laredo Oil 5-Year ROIIC % Calculation

Laredo Oil's 5-Year ROIIC % for the quarter that ended in May. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -3.334 (May. 2024) - -0.113 (May. 2019) )/( 7.664 (May. 2024) - 0.396 (May. 2019) )
=-3.221/7.268
=-44.32%***

* 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.


Laredo Oil  (OTCPK:LRDC) 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.


Laredo Oil 5-Year ROIIC % Related Terms

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Laredo Oil Business Description

Traded in Other Exchanges
N/A
Address
2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Laredo Oil Inc is an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional oil recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering stranded oil using enhanced recovery methods.