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Moving iMage Technologies (Moving iMage Technologies) 1-Year ROIIC % : 130.02% (As of Dec. 2023)


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What is Moving iMage Technologies 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. Moving iMage Technologies's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 130.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Moving iMage Technologies's 1-Year ROIIC % or its related term are showing as below:

MITQ's 1-Year ROIIC % is ranked better than
87.81% of 2355 companies
in the Hardware industry
Industry Median: 1.8 vs MITQ: 130.02

Moving iMage Technologies 1-Year ROIIC % Historical Data

The historical data trend for Moving iMage Technologies'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.

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Moving iMage Technologies 1-Year ROIIC % Chart

Moving iMage Technologies Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial -168.93 -26.68 -69.42 -14.91 -48.72

Moving iMage Technologies 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 87.38 321.59 -48.72 -47.71 130.02

Competitive Comparison of Moving iMage Technologies's 1-Year ROIIC %

For the Communication Equipment subindustry, Moving iMage Technologies'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.


Moving iMage Technologies's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Moving iMage Technologies's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Moving iMage Technologies's 1-Year ROIIC % falls into.



Moving iMage Technologies 1-Year ROIIC % Calculation

Moving iMage Technologies'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
=( -1.379 (Dec. 2023) - -0.673 (Dec. 2022) )/( 6 (Dec. 2023) - 6.543 (Dec. 2022) )
=-0.706/-0.543
=130.02%***

* 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.


Moving iMage Technologies  (AMEX:MITQ) 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.


Moving iMage Technologies 1-Year ROIIC % Related Terms

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Moving iMage Technologies (Moving iMage Technologies) Business Description

Traded in Other Exchanges
N/A
Address
17760 Newhope Street, Fountain Valley, CA, USA, 92708
Moving iMage Technologies Inc is engaged in providing designed equipment as well as other off the shelf cinema products needed for contemporary cinema requirements. It offers technical, design and consulting services such as custom engineering, systems design, integration and installation, and digital technology, as well as software solutions for operations enhancement and theatre management.
Executives
William F Greene officer: Interim CFO 12220 EL CAMINO REAL #410, CARLSBAD CA 92130
Philip L. Rafnson director, 10 percent owner, officer: CEO, Pres. 17760 NEWHOPE STREET, IRVINE CA 92708
Bevan Wright officer: EVP Operations 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
John Stiska director
Katherine D Crothall director 2425 S. BLUE CRANE DRIVE, JACKSON WY 83001
Jose Delgado officer: EVP Sales & Marketing 11760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Michael R. Sherman officer: CFO 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Scott Lloyd Anderson director 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92075
Sound Management Investors, Llc 10 percent owner 11109 XYLON AVENUE S, BLOOMINGTON MN 55438