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.
Eagle Bulk Shipping's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -5.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Eagle Bulk Shipping's 5-Year ROIIC % or its related term are showing as below:
EGLE's 5-Year ROIIC % is ranked worse than 71.57% of 904
companies
in the Transportation industry
Industry Median: 3.96
vs EGLE: -5.19
Eagle Bulk Shipping 5-Year ROIIC % Historical Data
The historical data trend for Eagle Bulk Shipping'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 Eagle Bulk Shipping's 5-Year ROIIC %
For the Marine Shipping subindustry, Eagle Bulk Shipping'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.
Eagle Bulk Shipping's 5-Year ROIIC % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Eagle Bulk Shipping's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Eagle Bulk Shipping's 5-Year ROIIC % falls into.
Eagle Bulk Shipping 5-Year ROIIC % Calculation
Eagle Bulk Shipping'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**
=
( 18.665 (Dec. 2023) - 37.272 (Dec. 2018) )
/
( 1123.042 (Dec. 2023) - 764.767 (Dec. 2018) )
=
-18.607
/
358.275
=
-5.19%***
* 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.
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.
Eagle Bulk Shipping 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Eagle Bulk Shipping's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eagle Bulk Shipping (Eagle Bulk Shipping) Business Description
Eagle Bulk Shipping Inc is a U.S.-based, fully integrated shipowner-operator, providing global transportation solutions to miners, producers, traders and end users. The company is engaged in the ocean transportation of drybulk cargoes worldwide through the ownership, charter and operation of drybulk vessels. The company focuses on the versatile midsize drybulk vessel segment. The Company's fleet is comprised of Supramax and Ultramax drybulk carriers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EGLE has been successfully added to your 