Groove Botanicals (Groove Botanicals) 1-Year ROIIC % : 0.00% (As of Sep. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Groove Botanicals 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. Groove Botanicals does not have enough data to calculate 1-Year ROIIC %.

Groove Botanicals 1-Year ROIIC % Historical Data

The historical data trend for Groove Botanicals'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.

Groove Botanicals 1-Year ROIIC % Chart

Groove Botanicals Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

1-Year ROIIC %

Get a 7-Day Free Trial

18.96

21.84

369.86

25.01

-1,432.61

Groove Botanicals Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Sep22	Sep23
1-Year ROIIC %	Get a 7-Day Free Trial															14.29	-1,432.61	-903.70	-	-

Competitive Comparison of Groove Botanicals's 1-Year ROIIC %

For the Oil & Gas E&P subindustry, Groove Botanicals'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.

Groove Botanicals's 1-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Groove Botanicals's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Groove Botanicals's 1-Year ROIIC % falls into.

Groove Botanicals 1-Year ROIIC % Calculation

Groove Botanicals's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( -0.1 (Sep. 2023) - -0.087 (Sep. 2022) )	/	( 0.1 (Sep. 2023) - 0 (Sep. 2022) )
	=	-0.013	/
	=	N/A%^***

** 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.

Groove Botanicals (OTCPK:GRVE) 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.

Groove Botanicals 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Groove Botanicals's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.