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.
Cell MedX's 1-Year ROIIC % for the quarter that ended in Feb. 2024 was -58.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Cell MedX's 1-Year ROIIC % or its related term are showing as below:
CMXC's 1-Year ROIIC % is ranked worse than 73.71% of 833
companies
in the Medical Devices & Instruments industry
Industry Median: -1.68
vs CMXC: -58.50
Cell MedX 1-Year ROIIC % Historical Data
The historical data trend for Cell MedX'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.
Competitive Comparison of Cell MedX's 1-Year ROIIC %
For the Medical Devices subindustry, Cell MedX'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.
Cell MedX's 1-Year ROIIC % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cell MedX's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Cell MedX's 1-Year ROIIC % falls into.
Cell MedX 1-Year ROIIC % Calculation
Cell MedX's 1-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -0.217 (Feb. 2024) - -0.537 (Feb. 2023) )
/
( 0.322 (Feb. 2024) - 0.869 (Feb. 2023) )
=
0.32
/
-0.547
=
-58.50%***
* 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.
Cell MedX (OTCPK:CMXC) 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.
Cell MedX 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Cell MedX's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cell MedX Corp is an early stage development company focused on the discovery, development and, commercialization of therapeutic products for patients with diseases such as diabetes, by developing technologies to help manage the illness and related complications. The company's product portfolio consists of electromedical technologies, ebalance, and others.
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