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Concrete Leveling Systems (Concrete Leveling Systems) 3-Year ROIIC %

: -3.23% (As of Jul. 2023)
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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. Concrete Leveling Systems's 3-Year ROIIC % for the quarter that ended in Jul. 2023 was -3.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Concrete Leveling Systems's 3-Year ROIIC % or its related term are showing as below:

CLEV's 3-Year ROIIC % is ranked worse than
68.45% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 12.375 vs CLEV: -3.23

Concrete Leveling Systems 3-Year ROIIC % Historical Data

The historical data trend for Concrete Leveling Systems'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.

Concrete Leveling Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
3-Year ROIIC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 250.00 -33.33 -2.42 -0.79 -3.23

Concrete Leveling Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
3-Year ROIIC % 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 Premium Member Only Premium Member Only Premium Member Only - - -3.23 - -

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Concrete Leveling Systems'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.


Concrete Leveling Systems 3-Year ROIIC % Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Concrete Leveling Systems's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Concrete Leveling Systems's 3-Year ROIIC % falls into.



Concrete Leveling Systems 3-Year ROIIC % Calculation

Concrete Leveling Systems's 3-Year ROIIC % for the quarter that ended in Jul. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.043 (Jul. 2023) - -0.039 (Jul. 2020) )/( 0.187 (Jul. 2023) - 0.063 (Jul. 2020) )
=-0.004/0.124
=-3.23%***

* 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.


Concrete Leveling Systems  (OTCPK:CLEV) 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.


Concrete Leveling Systems 3-Year ROIIC % Related Terms

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Concrete Leveling Systems (Concrete Leveling Systems) Business Description

Traded in Other Exchanges
N/A
Address
5046 East Boulevard, Northwest, Canton, OH, USA, 44718
Concrete Leveling Systems Inc is a United States-based company operating in two divisions. The concrete leveling division of the business fabricates and markets a concrete leveling service unit utilized in the concrete leveling industry. The gaming and hospitality division of the business focuses on casino gaming, hospitality, entertainment, and leisure time industries, and will pursue opportunities in the tribal and commercial casino gaming industries, both in California and Nevada.
Executives
Georgiou Family Trust Dated 6/22/09 10 percent owner 2857 PARADISE RD. #3502, LAS VEGAS NV 89109-9046
Ronald J Tassinari 10 percent owner PO BOX 81920, LAS VEGAS NV 89180
Jericho Partners Llc 10 percent owner 33 MAIN ST., NEWTOWN CT 06470
Rt Two Llc 10 percent owner P.O. BOX 81890, LAS VEGAS NV 89180
Robert Tassinari 10 percent owner P.O. BOX 194, NEWKINGSTON NY 12459
Edward A Barth director, 10 percent owner, officer: President 5046 EAST BLVD NW, CANTON OH 44718
Eugene H Swearengin director, officer: Secretary
Suzanne I Barth director, 10 percent owner, officer: President