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Ameriwest Lithium (XCNQ:AWLI) 3-Year ROIIC % : -54.56% (As of Apr. 2023)


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What is Ameriwest Lithium 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. Ameriwest Lithium's 3-Year ROIIC % for the quarter that ended in Apr. 2023 was -54.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:AWLI's 3-Year ROIIC % is ranked worse than
79.27% of 2147 companies
in the Metals & Mining industry
Industry Median: -5.07 vs XCNQ:AWLI: -54.56

Ameriwest Lithium 3-Year ROIIC % Historical Data

The historical data trend for Ameriwest Lithium'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.

Ameriwest Lithium 3-Year ROIIC % Chart

Ameriwest Lithium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
3-Year ROIIC %
- - - -126.57 -54.56

Ameriwest Lithium 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 % 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 - -54.56 - - -

Competitive Comparison of Ameriwest Lithium's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Ameriwest Lithium'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.


Ameriwest Lithium's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Ameriwest Lithium 3-Year ROIIC % Calculation

Ameriwest Lithium's 3-Year ROIIC % for the quarter that ended in Apr. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -4.07 (Apr. 2023) - -0.089 (Apr. 2020) )/( 7.421 (Apr. 2023) - 0.124 (Apr. 2020) )
=-3.981/7.297
=-54.56%***

* 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.


Ameriwest Lithium  (XCNQ:AWLI) 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.


Ameriwest Lithium 3-Year ROIIC % Related Terms

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Ameriwest Lithium (XCNQ:AWLI) Business Description

Traded in Other Exchanges
Address
1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2
Ameriwest Lithium Inc is a junior mining company with a focus on identifying and evaluating mineral resource projects for further exploration and future development. The company portfolio includes Koster Dam Property, Canada; Thunderbird Property, Canada; Quet & Fire Property, Canada; ESN Property, USA; Deer Musk East Property, USA; Railroad Valley Property, USA; Edwards Creek Valley Property, USA and Thompson Valley Property, USA. The company operates in one reportable operating segment, the acquisition, exploration, and development of mineral properties. It operates in Canada and the United States.

Ameriwest Lithium (XCNQ:AWLI) Headlines

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