5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Sphere 3D's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -45.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sphere 3D's 5-Year ROIIC % or its related term are showing as below:
ANY's 5-Year ROIIC % is ranked worse than 84.79% of 2466
companies
in the Software industry
Industry Median: 3.5
vs ANY: -45.47
Sphere 3D 5-Year ROIIC % Historical Data
The historical data trend for Sphere 3D's 5-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.
Competitive Comparison of Sphere 3D's 5-Year ROIIC %
For the Software - Application subindustry, Sphere 3D's 5-Year ROIIC %, along with its competitors' market caps and 5-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.
Sphere 3D's 5-Year ROIIC % Distribution in the Software Industry
For the Software industry and Technology sector, Sphere 3D's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sphere 3D's 5-Year ROIIC % falls into.
Sphere 3D 5-Year ROIIC % Calculation
Sphere 3D's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( -26.5519216 (Dec. 2023) - -12.62 (Dec. 2018) )
/
( 40.042 (Dec. 2023) - 9.4 (Dec. 2018) )
=
-13.9319216
/
30.642
=
-45.47%***
* 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 5-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.
Sphere 3D (NAS:ANY) 5-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.
Sphere 3D 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Sphere 3D's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.
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