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Avalon Advanced Materials (Avalon Advanced Materials) 3-Year ROIIC % : -7.45% (As of Aug. 2021)


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What is Avalon Advanced Materials 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Avalon Advanced Materials's 3-Year ROIIC % for the quarter that ended in Aug. 2021 was -7.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Avalon Advanced Materials's 3-Year ROIIC % or its related term are showing as below:

AVLNF's 3-Year ROIIC % is ranked worse than
54.1% of 2148 companies
in the Metals & Mining industry
Industry Median: -5.055 vs AVLNF: -7.45

Avalon Advanced Materials 3-Year ROIIC % Historical Data

The historical data trend for Avalon Advanced Materials's 3-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.

Avalon Advanced Materials 3-Year ROIIC % Chart

Avalon Advanced Materials Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.04 20.53 16.75 -19.53 -7.45

Avalon Advanced Materials Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Feb23 May23 Nov23
3-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 - - - - -

Competitive Comparison of Avalon Advanced Materials's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Avalon Advanced Materials's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Avalon Advanced Materials's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Avalon Advanced Materials's 3-Year ROIIC % falls into.



Avalon Advanced Materials 3-Year ROIIC % Calculation

Avalon Advanced Materials's 3-Year ROIIC % for the quarter that ended in Aug. 2021 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.8103151 (Aug. 2021) - -2.046408 (Aug. 2018) )/( 92.199 (Aug. 2021) - 93.053 (Aug. 2018) )
=0.2360929/-0.85400000000001
=-27.65%***

* 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 3-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.


Avalon Advanced Materials  (OTCPK:AVLNF) 3-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.


Avalon Advanced Materials 3-Year ROIIC % Related Terms

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Avalon Advanced Materials (Avalon Advanced Materials) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 1901, Toronto, ON, CAN, M5H 3P5
Avalon Advanced Materials Inc is a mineral exploration and development company. The projects of the company includes East Kemptville, Lilypad, Nechalacho, Separation Rapids, and Warren Township.