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Bronco Resources (TSXV:BRON) 5-Year ROIIC % : 2.09% (As of Jul. 2024)


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What is Bronco Resources 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. Bronco Resources's 5-Year ROIIC % for the quarter that ended in Jul. 2024 was 2.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:BRON's 5-Year ROIIC % is ranked better than
60.63% of 2050 companies
in the Metals & Mining industry
Industry Median: -2.9 vs TSXV:BRON: 2.09

Bronco Resources 5-Year ROIIC % Historical Data

The historical data trend for Bronco Resources'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.

Bronco Resources 5-Year ROIIC % Chart

Bronco Resources Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -12.53 -6.37 - 2.09

Bronco Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - 2.09

Competitive Comparison of Bronco Resources's 5-Year ROIIC %

For the Gold subindustry, Bronco Resources'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.


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

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

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



Bronco Resources 5-Year ROIIC % Calculation

Bronco Resources's 5-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -0.171 (Jul. 2024) - -0.222 (Jul. 2019) )/( 2.444 (Jul. 2024) - 0.005 (Jul. 2019) )
=0.051/2.439
=2.09%***

* 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.


Bronco Resources  (TSXV:BRON) 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.


Bronco Resources 5-Year ROIIC % Related Terms

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Bronco Resources Business Description

Traded in Other Exchanges
Address
301 1665 ELLIS STREET, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 2B3
Bronco Resources Corp formerly Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering 8,955 hectares located in south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

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