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Richmond Minerals (Richmond Minerals) 10-Year ROIIC % : 0.69% (As of May. 2023)


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What is Richmond Minerals 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Richmond Minerals's 10-Year ROIIC % for the quarter that ended in May. 2023 was 0.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Richmond Minerals's 10-Year ROIIC % or its related term are showing as below:

RMDFF's 10-Year ROIIC % is ranked better than
59.94% of 2142 companies
in the Metals & Mining industry
Industry Median: -3.53 vs RMDFF: 0.69

Richmond Minerals 10-Year ROIIC % Historical Data

The historical data trend for Richmond Minerals's 10-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.

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Richmond Minerals 10-Year ROIIC % Chart

Richmond Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.32 -205.66 -40.86 1.24 0.69

Richmond Minerals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
10-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 - - 0.69 - -

Competitive Comparison of Richmond Minerals's 10-Year ROIIC %

For the Other Precious Metals & Mining subindustry, Richmond Minerals's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Richmond Minerals's 10-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Richmond Minerals's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Richmond Minerals's 10-Year ROIIC % falls into.



Richmond Minerals 10-Year ROIIC % Calculation

Richmond Minerals's 10-Year ROIIC % for the quarter that ended in May. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -0.1170127 (May. 2023) - -0.176 (May. 2013) )/( 2.463 (May. 2023) - 0.292 (May. 2013) )
=0.0589873/2.171
=2.72%***

* 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 10-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.


Richmond Minerals  (OTCPK:RMDFF) 10-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.


Richmond Minerals 10-Year ROIIC % Related Terms

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Richmond Minerals (Richmond Minerals) Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment, Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.

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