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1414 Degrees (ASX:14D) 3-Year ROIIC % : -32.16% (As of Jun. 2023)


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What is 1414 Degrees 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. 1414 Degrees's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was -32.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for 1414 Degrees's 3-Year ROIIC % or its related term are showing as below:

ASX:14D's 3-Year ROIIC % is ranked worse than
89.95% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.765 vs ASX:14D: -32.16

1414 Degrees 3-Year ROIIC % Historical Data

The historical data trend for 1414 Degrees'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.

1414 Degrees 3-Year ROIIC % Chart

1414 Degrees Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
- - - 162.20 -32.16

1414 Degrees Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 162.20 - -32.16 -

Competitive Comparison of 1414 Degrees's 3-Year ROIIC %

For the Utilities - Independent Power Producers subindustry, 1414 Degrees'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.


1414 Degrees's 3-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, 1414 Degrees's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where 1414 Degrees's 3-Year ROIIC % falls into.



1414 Degrees 3-Year ROIIC % Calculation

1414 Degrees's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.57 (Jun. 2023) - -3.233 (Jun. 2020) )/( 7.293 (Jun. 2023) - 12.464 (Jun. 2020) )
=1.663/-5.171
=-32.16%***

* 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.


1414 Degrees  (ASX:14D) 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.


1414 Degrees 3-Year ROIIC % Related Terms

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1414 Degrees (ASX:14D) Business Description

Traded in Other Exchanges
N/A
Address
136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039
1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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