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ABCO Energy (ABCO Energy) 3-Year ROIIC % : 0.00% (As of Dec. 2022)


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What is ABCO Energy 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. ABCO Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2022 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 ABCO Energy's 3-Year ROIIC % or its related term are showing as below:

ABCE's 3-Year ROIIC % is not ranked *
in the Semiconductors industry.
Industry Median: 1
* Ranked among companies with meaningful 3-Year ROIIC % only.

ABCO Energy 3-Year ROIIC % Historical Data

The historical data trend for ABCO Energy's 3-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.

ABCO Energy 3-Year ROIIC % Chart

ABCO Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.36 37.85 6.71 -51.34 89.72

ABCO Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
3-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 -51.34 - - - 89.72

Competitive Comparison of ABCO Energy's 3-Year ROIIC %

For the Solar subindustry, ABCO Energy's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


ABCO Energy's 3-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ABCO Energy's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where ABCO Energy's 3-Year ROIIC % falls into.



ABCO Energy 3-Year ROIIC % Calculation

ABCO Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.044 (Dec. 2022) - -0.463 (Dec. 2019) )/( 2.182 (Dec. 2022) - 1.715 (Dec. 2019) )
=0.419/0.467
=89.72%***

* 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 3-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.


ABCO Energy  (OTCPK:ABCE) 3-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.


ABCO Energy 3-Year ROIIC % Related Terms

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ABCO Energy (ABCO Energy) Business Description

Traded in Other Exchanges
N/A
Address
2505 N. Alvernon Way, Tucson, AZ, USA, 85712
ABCO Energy Inc is engaged in is in the Photo Voltaic (PV) solar systems industry, the LED and energy-efficient commercial lighting business and is an electrical product and services supplier. It sells and installs Solar Photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. These products are installed by its crews and are purchased from both USA and offshore manufacturers. It has available and utilizes many suppliers of US-manufactured solar products from such companies as Mia Soleil, Canadian Solar, Westinghouse Solar and various Italian, Korean, German and Chinese suppliers. It offers solar leasing and long-term financing programs that are offered to ABCO customers and other marketing and installation organizations.
Executives
Charles Kristofer O'dowd director, officer: President & CEO 6610 E. GHOST FLOWER, TUCSON AZ 85750
Wayne Marx director, officer: Secretary 7700 KNIGHTHOOD LANE, WILLIAMS AZ 86046