GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zenith Energy Ltd (OTCPK:ZENAF) » Definitions » 5-Year ROIIC %

Zenith Energy (Zenith Energy) 5-Year ROIIC % : 0.25% (As of Mar. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Zenith Energy 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. Zenith Energy's 5-Year ROIIC % for the quarter that ended in Mar. 2023 was 0.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ZENAF's 5-Year ROIIC % is ranked worse than
55.99% of 1002 companies
in the Oil & Gas industry
Industry Median: 2.865 vs ZENAF: 0.25

Zenith Energy 5-Year ROIIC % Historical Data

The historical data trend for Zenith Energy'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.

Zenith Energy 5-Year ROIIC % Chart

Zenith Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -36.24 -0.49 - 0.25

Zenith Energy Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - 0.25 -

Competitive Comparison of Zenith Energy's 5-Year ROIIC %

For the Oil & Gas E&P subindustry, Zenith Energy'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.


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

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

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



Zenith Energy 5-Year ROIIC % Calculation

Zenith Energy's 5-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -7.048855 (Mar. 2023) - -6.534 (Mar. 2018) )/( 174.675 (Mar. 2023) - 833.936 (Mar. 2018) )
=-0.514855/-659.261
=0.08%***

* 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.


Zenith Energy  (OTCPK:ZENAF) 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.


Zenith Energy 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Zenith Energy's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zenith Energy (Zenith Energy) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 4K9
Zenith Energy Ltd is an international independent oil and gas company with production, exploration and development assets in the Republic of the Congo, Italy and Tunisia. The company's strategic focus is the development of proven revenue generating oil production assets, as well as low-risk exploration activities in assets with existing production.

Zenith Energy (Zenith Energy) Headlines

From GuruFocus

MoU - South Sudan

By ACCESSWIRE 11-28-2023

ICC Arbitral Tribunal Awards Costs

By ACCESSWIRE 11-29-2023

ICC Arbitration for SLK against Tunisia

By ACCESSWIRE 12-06-2023

ICC Arbitration Proceedings Against ETAP

By ACCESSWIRE 11-01-2023

Update on United States Portfolio

By ACCESSWIRE 01-18-2024