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.
Jack Nathan Medical's 1-Year ROIIC % for the quarter that ended in Oct. 2023 was 14.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Jack Nathan Medical's 1-Year ROIIC % or its related term are showing as below:
TSXV:JNH's 1-Year ROIIC % is ranked better than 63.85% of 628
companies
in the Healthcare Providers & Services industry
Industry Median: 2.95
vs TSXV:JNH: 14.34
Jack Nathan Medical 1-Year ROIIC % Historical Data
The historical data trend for Jack Nathan Medical'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.
Competitive Comparison of Jack Nathan Medical's 1-Year ROIIC %
For the Medical Care Facilities subindustry, Jack Nathan Medical'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.
Jack Nathan Medical's 1-Year ROIIC % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Jack Nathan Medical's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Jack Nathan Medical's 1-Year ROIIC % falls into.
Jack Nathan Medical 1-Year ROIIC % Calculation
Jack Nathan Medical's 1-Year ROIIC % for the quarter that ended in Oct. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -5.5109 (Oct. 2023) - -5.6305 (Oct. 2022) )
/
( 7.243 (Oct. 2023) - 6.409 (Oct. 2022) )
=
0.1196
/
0.834
=
14.34%***
* 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.
** 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.
Jack Nathan Medical (TSXV:JNH) 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.
Jack Nathan Medical 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Jack Nathan Medical's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jack Nathan Medical (TSXV:JNH) Business Description
Jack Nathan Medical Corp is a healthcare company that is improving access for millions of patients by co-locating physician and ancillary medical services, conveniently inside Walmart stores. The company generates the majority of its revenues from license fees, which are charged in exchange for the right to use its brand name and the licensed premises. Its geographical segments are Canada, which accounts for the vast majority of revenue; Mexico; and China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSXV:JNH has been successfully added to your 