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Targa Exploration (XCNQ:TEX) 5-Year ROIIC % : 0.00% (As of Mar. 2024)


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What is Targa Exploration 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. Targa Exploration does not have enough data to calculate 5-Year ROIIC %.


Targa Exploration 5-Year ROIIC % Historical Data

The historical data trend for Targa Exploration'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.

Targa Exploration 5-Year ROIIC % Chart

Targa Exploration Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
5-Year ROIIC %
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Targa Exploration Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Targa Exploration's 5-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Targa Exploration'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.


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

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

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



Targa Exploration 5-Year ROIIC % Calculation

Targa Exploration's 5-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -10.029 (Mar. 2024) - (Mar. 2019) )/( 0.457 (Mar. 2024) - (Mar. 2019) )
=/
=N/A%***

* 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.


Targa Exploration  (XCNQ:TEX) 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.


Targa Exploration 5-Year ROIIC % Related Terms

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Targa Exploration Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 1723, Vancouver, BC, CAN, V7X 1J1
Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and others.
Executives
Andrew Rockandel Director
Cameron David Tymstra Senior Officer