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AI/ML Innovations (FRA:42FB) 3-Year ROIIC % : -418.79% (As of Apr. 2022)


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What is AI/ML Innovations 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. AI/ML Innovations's 3-Year ROIIC % for the quarter that ended in Apr. 2022 was -418.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AI/ML Innovations's 3-Year ROIIC % or its related term are showing as below:

FRA:42FB's 3-Year ROIIC % is ranked worse than
97.84% of 601 companies
in the Healthcare Providers & Services industry
Industry Median: 2.3 vs FRA:42FB: -418.79

AI/ML Innovations 3-Year ROIIC % Historical Data

The historical data trend for AI/ML Innovations'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.

AI/ML Innovations 3-Year ROIIC % Chart

AI/ML Innovations Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222.52 91.37 -38.93 657.14 -418.79

AI/ML Innovations Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 AI/ML Innovations's 3-Year ROIIC %

For the Health Information Services subindustry, AI/ML Innovations'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.


AI/ML Innovations's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AI/ML Innovations's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AI/ML Innovations's 3-Year ROIIC % falls into.



AI/ML Innovations 3-Year ROIIC % Calculation

AI/ML Innovations's 3-Year ROIIC % for the quarter that ended in Apr. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -2.458 (Apr. 2022) - -0.065 (Apr. 2019) )/( 0.965 (Apr. 2022) - 0.358 (Apr. 2019) )
=-2.393/0.607
=-394.23%***

* 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.


AI/ML Innovations  (FRA:42FB) 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.


AI/ML Innovations 3-Year ROIIC % Related Terms

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AI/ML Innovations (FRA:42FB) Business Description

Traded in Other Exchanges
Address
645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2
AI/ML Innovations Inc has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence and machine learning, with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. The company has strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments.

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