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Optimi Health (XCNQ:OPTI) 1-Year ROIIC % : 5,519.05% (As of Dec. 2023)


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What is Optimi Health 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. Optimi Health's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 5,519.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:OPTI's 1-Year ROIIC % is ranked better than
99.34% of 910 companies
in the Drug Manufacturers industry
Industry Median: 0.24 vs XCNQ:OPTI: 5519.05

Optimi Health 1-Year ROIIC % Historical Data

The historical data trend for Optimi Health'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.

Optimi Health 1-Year ROIIC % Chart

Optimi Health Annual Data
Trend Sep20 Sep21 Sep22 Sep23
1-Year ROIIC %
- - -31.19 -1,048.30

Optimi Health Quarterly Data
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 109.81 369.52 940.65 -1,048.30 5,519.05

Competitive Comparison of Optimi Health's 1-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, Optimi Health'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.


Optimi Health's 1-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Optimi Health's 1-Year ROIIC % distribution charts can be found below:

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



Optimi Health 1-Year ROIIC % Calculation

Optimi Health'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
=( -5.036 (Dec. 2023) - -6.195 (Dec. 2022) )/( 14.343 (Dec. 2023) - 14.322 (Dec. 2022) )
=1.159/0.021000000000001
=5,519.05%***

* 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.


Optimi Health  (XCNQ:OPTI) 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.


Optimi Health 1-Year ROIIC % Related Terms

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Optimi Health (XCNQ:OPTI) Business Description

Traded in Other Exchanges
Address
1122 Mainland Street, Suite 330, Vancouver, BC, CAN, V6B 5L1
Optimi Health Corp operates in developing a vertically integrated Canadian functional mushroom brand that focuses on the health and wellness sector. The company has one reportable operating segment being that of the farming, processing and distribution of agrifoods. It also intends to cultivate, extract, process and distribute high-quality strains of fungi products at its facilities located in Princeton, British Columbia.
Executives
Bryan Edward Safarik Director, Senior Officer
Dane Nicholas Stevens Director, Senior Officer