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Rainy Mountain Royalty (TSXV:RMO) 3-Year ROIIC % : 14.31% (As of Apr. 2023)


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What is Rainy Mountain Royalty 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. Rainy Mountain Royalty's 3-Year ROIIC % for the quarter that ended in Apr. 2023 was 14.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:RMO's 3-Year ROIIC % is ranked better than
77.05% of 2166 companies
in the Metals & Mining industry
Industry Median: -5.1 vs TSXV:RMO: 14.31

Rainy Mountain Royalty 3-Year ROIIC % Historical Data

The historical data trend for Rainy Mountain Royalty'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.

Rainy Mountain Royalty 3-Year ROIIC % Chart

Rainy Mountain Royalty Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.82 -440.91 -53.81 26.16 14.31

Rainy Mountain Royalty Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 14.31 - - -

Competitive Comparison of Rainy Mountain Royalty's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.


Rainy Mountain Royalty's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rainy Mountain Royalty's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Rainy Mountain Royalty's 3-Year ROIIC % falls into.



Rainy Mountain Royalty 3-Year ROIIC % Calculation

Rainy Mountain Royalty's 3-Year ROIIC % for the quarter that ended in Apr. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.186 (Apr. 2023) - -0.27 (Apr. 2020) )/( 3.015 (Apr. 2023) - 2.428 (Apr. 2020) )
=0.084/0.587
=14.31%***

* 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.


Rainy Mountain Royalty  (TSXV:RMO) 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.


Rainy Mountain Royalty 3-Year ROIIC % Related Terms

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Rainy Mountain Royalty (TSXV:RMO) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.
Executives
Douglas Lawrence Mason Director, Senior Officer

Rainy Mountain Royalty (TSXV:RMO) Headlines

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