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Wavefront Technology Solutions (Wavefront Technology Solutions) 5-Year ROIIC % : 0.00% (As of Aug. 2021)


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What is Wavefront Technology Solutions 5-Year ROIIC %?

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. Wavefront Technology Solutions's 5-Year ROIIC % for the quarter that ended in Aug. 2021 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wavefront Technology Solutions's 5-Year ROIIC % or its related term are showing as below:

WFTSF's 5-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: 2.71
* Ranked among companies with meaningful 5-Year ROIIC % only.

Wavefront Technology Solutions 5-Year ROIIC % Historical Data

The historical data trend for Wavefront Technology Solutions'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.

* Premium members only.

Wavefront Technology Solutions 5-Year ROIIC % Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.53 -24.14 -38.70 -118.81 -170.89

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
5-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 - -170.89 - - -

Competitive Comparison of Wavefront Technology Solutions's 5-Year ROIIC %

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions's 5-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's 5-Year ROIIC % falls into.



Wavefront Technology Solutions 5-Year ROIIC % Calculation

Wavefront Technology Solutions's 5-Year ROIIC % for the quarter that ended in Aug. 2021 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -1.037 (Aug. 2021) - -2.166 (Aug. 2016) )/( 0.864 (Aug. 2021) - 1.516 (Aug. 2016) )
=1.129/-0.652
=-173.16%***

* 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.


Wavefront Technology Solutions  (OTCPK:WFTSF) 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.


Wavefront Technology Solutions 5-Year ROIIC % Related Terms

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Wavefront Technology Solutions (Wavefront Technology Solutions) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

Wavefront Technology Solutions (Wavefront Technology Solutions) Headlines

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