10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Cardinal Ethanol LLC's 10-Year ROIIC % for the quarter that ended in Sep. 2023 was -666.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Cardinal Ethanol LLC's 10-Year ROIIC % or its related term are showing as below:
CRDE's 10-Year ROIIC % is ranked worse than 99.31% of 1458
companies
in the Chemicals industry
Industry Median: 4.45
vs CRDE: -666.11
Cardinal Ethanol LLC 10-Year ROIIC % Historical Data
The historical data trend for Cardinal Ethanol LLC's 10-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.
Competitive Comparison of Cardinal Ethanol LLC's 10-Year ROIIC %
For the Chemicals subindustry, Cardinal Ethanol LLC's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
Cardinal Ethanol LLC's 10-Year ROIIC % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Cardinal Ethanol LLC's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Cardinal Ethanol LLC's 10-Year ROIIC % falls into.
Cardinal Ethanol LLC 10-Year ROIIC % Calculation
Cardinal Ethanol LLC's 10-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 66.667 (Sep. 2023) - 28.792 (Sep. 2013) )
/
( 130.396 (Sep. 2023) - 136.082 (Sep. 2013) )
=
37.875
/
-5.686
=
-666.11%***
* 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 10-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.
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.
Cardinal Ethanol LLC 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Cardinal Ethanol LLC's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cardinal Ethanol LLC (Cardinal Ethanol LLC) Business Description
Cardinal Ethanol LLC is a producer and seller of fuel-grade ethanol, distiller's grains, corn oil, and carbon dioxide throughout the continent of the United States. The company's prime selling products include ethanol, dried distillers grains, corn oil, and carbon dioxide. Its two operating segments are ethanol production through the Ethanol Division; and trading of agricultural grains through the Trading Division. The revenues from Ethanol Division come from primary sources: sales of fuel ethanol which is the key revenue driver. Revenues from the Trading Division are derived from procuring, transporting, and selling grain commodities. The majority of the revenue for the company is generated from its Ethanol Division.
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