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Tidewater Midstream and Infrastructure (TSX:TWM) 5-Year ROIIC % : -2.96% (As of Dec. 2023)


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What is Tidewater Midstream and Infrastructure 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. Tidewater Midstream and Infrastructure's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -2.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tidewater Midstream and Infrastructure's 5-Year ROIIC % or its related term are showing as below:

TSX:TWM's 5-Year ROIIC % is ranked worse than
61.9% of 958 companies
in the Oil & Gas industry
Industry Median: 2.865 vs TSX:TWM: -2.96

Tidewater Midstream and Infrastructure 5-Year ROIIC % Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure 5-Year ROIIC % Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only - - 2.10 4.21 -2.96

Tidewater Midstream and Infrastructure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -2.96 - - -

Competitive Comparison of Tidewater Midstream and Infrastructure's 5-Year ROIIC %

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure's 5-Year ROIIC % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's 5-Year ROIIC % falls into.



Tidewater Midstream and Infrastructure 5-Year ROIIC % Calculation

Tidewater Midstream and Infrastructure's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -4.96552 (Dec. 2023) - 14.4504284 (Dec. 2018) )/( 1658.7 (Dec. 2023) - 1002.996 (Dec. 2018) )
=-19.4159484/655.704
=-2.96%***

* 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.


Tidewater Midstream and Infrastructure  (TSX:TWM) 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.


Tidewater Midstream and Infrastructure 5-Year ROIIC % Related Terms

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Tidewater Midstream and Infrastructure Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SouthWest, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.
Executives
Jared Ian Arling Strom Gurevitch Senior Officer
Robert Colcleugh Director, Senior Officer
Reed Mcdonnell Senior Officer
Joel Macleod Director
Douglas Scott Fraser Director
Joel Kyle Vorra Senior Officer
Birch Hill Equity Partners Management Inc. 10% Security Holder
Jarvis Williams Senior Officer

Tidewater Midstream and Infrastructure Headlines