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Ridgefield Acquisition (Ridgefield Acquisition) 3-Year ROIIC %

: 9.18% (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. Ridgefield Acquisition's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 9.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

RDGA's 3-Year ROIIC % is not ranked
in the Diversified Financial Services industry.
Industry Median: 1 vs RDGA: 9.18

Ridgefield Acquisition 3-Year ROIIC % Historical Data

The historical data trend for Ridgefield Acquisition'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.

Ridgefield Acquisition Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.28 -12.71 - 13.83 9.18

Ridgefield Acquisition 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 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 13.83 - - - 9.18

Competitive Comparison

For the Shell Companies subindustry, Ridgefield Acquisition'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.


Ridgefield Acquisition 3-Year ROIIC % Distribution

For the Diversified Financial Services industry and Financial Services sector, Ridgefield Acquisition's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ridgefield Acquisition's 3-Year ROIIC % falls into.



Ridgefield Acquisition 3-Year ROIIC % Calculation

Ridgefield Acquisition'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**
=( -0.06 (Dec. 2023) - -0.042 (Dec. 2020) )/( 0.142 (Dec. 2023) - 0.338 (Dec. 2020) )
=-0.018/-0.196
=9.18%***

* 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.


Ridgefield Acquisition  (OTCPK:RDGA) 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.


Ridgefield Acquisition 3-Year ROIIC % Related Terms

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Ridgefield Acquisition (Ridgefield Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3827 S Carson Street, Unit 505-25, PMB 1078, Carson, NV, USA, 89701
Ridgefield Acquisition Corp is a shell company. Its plan of operation is to arrange for a merger, acquisition, business combination or other arrangements by and between the company and a viable operating entity.
Executives
Steven N Bronson director, 10 percent owner, officer: President
Eugene Oshinsky 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Rosa Oshinsky 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Ram Capital Management Trust 01 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510
Kenneth Steven Schwartz director 26 NAVAJO ROAD, MANALAPAN NJ 07726

Ridgefield Acquisition (Ridgefield Acquisition) Headlines

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