GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lifecare ASA (OSL:LIFE) » Definitions » 3-Year ROIIC %

Lifecare ASA (OSL:LIFE) 3-Year ROIIC % : -102.82% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Lifecare ASA 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. Lifecare ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -102.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OSL:LIFE's 3-Year ROIIC % is ranked worse than
83.72% of 829 companies
in the Medical Devices & Instruments industry
Industry Median: -2.42 vs OSL:LIFE: -102.82

Lifecare ASA 3-Year ROIIC % Historical Data

The historical data trend for Lifecare ASA'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.

Lifecare ASA 3-Year ROIIC % Chart

Lifecare ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -300.00 -219.45 -55.38 -42.96 -102.82

Lifecare ASA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.38 - -42.96 - -102.82

Competitive Comparison of Lifecare ASA's 3-Year ROIIC %

For the Medical Devices subindustry, Lifecare ASA'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.


Lifecare ASA's 3-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lifecare ASA's 3-Year ROIIC % distribution charts can be found below:

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



Lifecare ASA 3-Year ROIIC % Calculation

Lifecare ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -35.2313516 (Dec. 2023) - -2.458 (Dec. 2020) )/( 34.457 (Dec. 2023) - 2.582 (Dec. 2020) )
=-32.7733516/31.875
=-102.82%***

* 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.


Lifecare ASA  (OSL:LIFE) 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.


Lifecare ASA 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Lifecare ASA's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lifecare ASA (OSL:LIFE) Business Description

Traded in Other Exchanges
Address
Ytrebygdsvegen 215, Blomsterdalen, Bergen, NOR, 5258
Lifecare AS is engaged in the research and development of medical sensors for health monitoring. The company is engaged in the development, testing, and introduction of the first long-term implantable microsensor to give persons with diabetes a modern tool for the monitoring of glucose levels. It develops Sencell, a long-term implantable microsensor to give persons with diabetes a tool for monitoring of glucose levels.

Lifecare ASA (OSL:LIFE) Headlines

No Headlines