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East West Petroleum (TSXV:EW) 3-Year ROIIC % : 19.22% (As of Mar. 2023)


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What is East West Petroleum 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. East West Petroleum's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 19.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:EW's 3-Year ROIIC % is ranked better than
62.54% of 1017 companies
in the Oil & Gas industry
Industry Median: 8.17 vs TSXV:EW: 19.22

East West Petroleum 3-Year ROIIC % Historical Data

The historical data trend for East West Petroleum'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.

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East West Petroleum 3-Year ROIIC % Chart

East West Petroleum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -94.98 531.48 -11.68 9.40 19.22

East West Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 19.22 - - -

Competitive Comparison of East West Petroleum's 3-Year ROIIC %

For the Oil & Gas E&P subindustry, East West Petroleum'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.


East West Petroleum's 3-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, East West Petroleum's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where East West Petroleum's 3-Year ROIIC % falls into.



East West Petroleum 3-Year ROIIC % Calculation

East West Petroleum's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0.375 (Mar. 2023) - 0.83 (Mar. 2020) )/( 0.52 (Mar. 2023) - 2.887 (Mar. 2020) )
=-0.455/-2.367
=19.22%***

* 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.


East West Petroleum  (TSXV:EW) 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.


East West Petroleum 3-Year ROIIC % Related Terms

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East West Petroleum (TSXV:EW) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its producing oil and gas property in New Zealand is the Taranaki Basin which is located near the west coast of the North Island. The company derives its revenue from acquisition, exploration, and production of oil and gas properties.
Executives
Kevin Haney Director

East West Petroleum (TSXV:EW) Headlines