Estrella Resources (ASX:ESR) 1-Year ROIIC % : -47.91% (As of Dec. 2023)

Estrella Resources 1-Year ROIIC % Chart

Estrella Resources Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
1-Year ROIIC %		Get a 7-Day Free Trial					-0.37	13.19	-18.65	-3.95	19.06

Estrella Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
1-Year ROIIC %	Get a 7-Day Free Trial															-20.19	-3.95	7.84	19.06	-47.91

Competitive Comparison of Estrella Resources's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Estrella Resources's 1-Year ROIIC %, along with its competitors' market caps and 1-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.

Estrella Resources's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Estrella Resources's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Estrella Resources's 1-Year ROIIC % falls into.

Estrella Resources 1-Year ROIIC % Calculation

Estrella Resources's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.

Estrella Resources  (ASX:ESR) 1-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.

Estrella Resources 1-Year ROIIC % Related Terms

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Estrella Resources (ASX:ESR) Business Description