Inter-Rock Minerals (Inter-Rock Minerals) 3-Year ROIIC %

: 61.76% (As of Dec. 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. Inter-Rock Minerals's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 61.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Inter-Rock Minerals's 3-Year ROIIC % or its related term are showing as below:

IRCKF's 3-Year ROIIC % is ranked better than
87.31% of 1813 companies
in the Consumer Packaged Goods industry
Industry Median: 1.75 vs IRCKF: 61.76

Inter-Rock Minerals 3-Year ROIIC % Historical Data

The historical data trend for Inter-Rock Minerals'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.

Inter-Rock Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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127.73

-2.71

3.97

61.76

Inter-Rock Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial															61.76	-	-	-	-

Competitive Comparison

For the Packaged Foods subindustry, Inter-Rock Minerals'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.

Inter-Rock Minerals 3-Year ROIIC % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inter-Rock Minerals's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Inter-Rock Minerals's 3-Year ROIIC % falls into.

Inter-Rock Minerals 3-Year ROIIC % Calculation

Inter-Rock Minerals's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 2.044896 (Dec. 2023) - 2.0881644 (Dec. 2020) )	/	( 11.421 (Dec. 2023) - 14.583 (Dec. 2020) )
	=	-0.0432684	/	-3.162
	=	1.37%^***

** 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.

Inter-Rock Minerals (OTCPK:IRCKF) 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.

Inter-Rock Minerals 3-Year ROIIC % Related Terms

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Inter-Rock Minerals (Inter-Rock Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inter-Rock Minerals Inc (OTCPK:IRCKF) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

IRO:Canada

Address

500-2 Toronto Street, Suite 500, 12th Floor, Toronto, ON, CAN, M5C 2B6

Website

http://www.interrockminerals.com

Inter-Rock Minerals Inc produces and markets dolomite for the animal feed, glass, roofing, and agricultural lime industries in the United States. It also markets and distributes specialty ingredients to the dairy feed industry. It operates through three business units: MIN-AD, Inc., and Papillon Agricultural Company. Its Papillon segment accounts for the majority of the firm's revenue, which is a marketer and distributor of toll-manufactured premium dairy feed nutritional supplements.

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