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Golden Star Resources (Golden Star Resources) 1-Year ROIIC % : 13.93% (As of Mar. 2024)


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What is Golden Star Resources 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. Golden Star Resources's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 13.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Golden Star Resources's 1-Year ROIIC % or its related term are showing as below:

GLNS's 1-Year ROIIC % is not ranked
in the Metals & Mining industry.
Industry Median: -1.04 vs GLNS: 13.93

Golden Star Resources 1-Year ROIIC % Historical Data

The historical data trend for Golden Star Resources'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.

Golden Star Resources 1-Year ROIIC % Chart

Golden Star Resources 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 - -1.26 -17.24 -113.33 -

Golden Star Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -42.42 - 7.07 4.72 13.93

Competitive Comparison of Golden Star Resources's 1-Year ROIIC %

For the Gold subindustry, Golden Star Resources'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.


Golden Star Resources's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Star Resources's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Golden Star Resources's 1-Year ROIIC % falls into.



Golden Star Resources 1-Year ROIIC % Calculation

Golden Star Resources's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.046 (Mar. 2024) - -0.063 (Mar. 2023) )/( 0.658 (Mar. 2024) - 0.536 (Mar. 2023) )
=0.017/0.122
=13.93%***

* 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.


Golden Star Resources  (OTCPK:GLNS) 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.


Golden Star Resources 1-Year ROIIC % Related Terms

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Golden Star Resources (Golden Star Resources) Business Description

Traded in Other Exchanges
N/A
Address
No. 300- 500 North Rainbow Boulevard, Las Vegas, NV, USA, 89107
Golden Star Resources Corp is a mining and exploration company. It holds 100% interest in four contiguous Federal BLM unpatented lode mining claims located in Churchill Country, Nevada. The company explores gold-silver deposits.
Executives
Kathrine Macdonald 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S 2A2
Marilyn Miller 10 percent owner 3390 TOOPAL DRIVE, OCEANSIDE CA 92058

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