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Velox Energy Materials (Velox Energy Materials) 1-Year ROIIC % : -24.95% (As of Dec. 2023)


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What is Velox Energy Materials 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Velox Energy Materials's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -24.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Velox Energy Materials's 1-Year ROIIC % or its related term are showing as below:

CUIRF's 1-Year ROIIC % is ranked worse than
66.75% of 2331 companies
in the Metals & Mining industry
Industry Median: -2.28 vs CUIRF: -24.95

Velox Energy Materials 1-Year ROIIC % Historical Data

The historical data trend for Velox Energy Materials's 1-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.

Velox Energy Materials 1-Year ROIIC % Chart

Velox Energy Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.58 23.38 - - -24.95

Velox Energy Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-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 - - -15.52 -32.16 -24.95

Competitive Comparison of Velox Energy Materials's 1-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.


Velox Energy Materials's 1-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Velox Energy Materials's 1-Year ROIIC % falls into.



Velox Energy Materials 1-Year ROIIC % Calculation

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

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -1.261 (Dec. 2023) - -0.481 (Dec. 2022) )/( 3.885 (Dec. 2023) - 0.773 (Dec. 2022) )
=-0.78/3.112
=-25.06%***

* 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.


Velox Energy Materials  (OTCPK:CUIRF) 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.


Velox Energy Materials 1-Year ROIIC % Related Terms

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Velox Energy Materials (Velox Energy Materials) Business Description

Traded in Other Exchanges
Address
401 Bay Street, P.O. BOX 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Velox Energy Materials Inc is an exploration and development company. It has focused on energy materials solutions for the global transition to net zero. The company's immediate focus is the North Queensland Vanadium Project in Queensland, Australia, Kotai Hydrogen project and Mineral Resources and Ore Reserves.

Velox Energy Materials (Velox Energy Materials) Headlines