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Bowen Coking Coal (ASX:BCB) 1-Year ROIIC % : 1,218.12% (As of Dec. 2023)


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What is Bowen Coking Coal 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Bowen Coking Coal's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 1,218.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Bowen Coking Coal's 1-Year ROIIC % or its related term are showing as below:

ASX:BCB's 1-Year ROIIC % is ranked better than
98.76% of 484 companies
in the Steel industry
Industry Median: 4.01 vs ASX:BCB: 1218.12

Bowen Coking Coal 1-Year ROIIC % Historical Data

The historical data trend for Bowen Coking Coal's 1-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.

Bowen Coking Coal 1-Year ROIIC % Chart

Bowen Coking Coal Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.80 -27.38 -27.36 -15.17 -44.40

Bowen Coking Coal Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-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 -20.99 -15.17 -17.07 -44.40 1,218.12

Competitive Comparison of Bowen Coking Coal's 1-Year ROIIC %

For the Coking Coal subindustry, Bowen Coking Coal's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Bowen Coking Coal's 1-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bowen Coking Coal's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Bowen Coking Coal's 1-Year ROIIC % falls into.



Bowen Coking Coal 1-Year ROIIC % Calculation

Bowen Coking Coal's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -149.491 (Dec. 2023) - -56.341 (Dec. 2022) )/( 312.583 (Dec. 2023) - 320.23 (Dec. 2022) )
=-93.15/-7.647
=1,218.12%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Bowen Coking Coal  (ASX:BCB) 1-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.


Bowen Coking Coal 1-Year ROIIC % Related Terms

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Bowen Coking Coal (ASX:BCB) Business Description

Traded in Other Exchanges
N/A
Address
167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.

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