Redishred Capital (TSXV:KUT) 3-Year ROIIC % : -4.68% (As of Dec. 2023)

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What is Redishred Capital 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. Redishred Capital's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -4.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:KUT's 3-Year ROIIC % is ranked worse than
66.93% of 1007 companies
in the Business Services industry
Industry Median: 5.38 vs TSXV:KUT: -4.68

Redishred Capital 3-Year ROIIC % Historical Data

The historical data trend for Redishred Capital'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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Redishred Capital 3-Year ROIIC % Chart

Redishred Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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-8.42

-8.86

0.05

5.18

-4.68

Redishred Capital 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															5.18	-	-	-	-4.68

Competitive Comparison of Redishred Capital's 3-Year ROIIC %

For the Specialty Business Services subindustry, Redishred Capital'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.

Redishred Capital's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redishred Capital's 3-Year ROIIC % distribution charts can be found below:

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

Redishred Capital 3-Year ROIIC % Calculation

Redishred Capital'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^**
	=	( -4.4498608 (Dec. 2023) - -2.1595134 (Dec. 2020) )	/	( 107.991 (Dec. 2023) - 59.06 (Dec. 2020) )
	=	-2.2903474	/	48.931
	=	-4.68%^***

** 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.

Redishred Capital (TSXV:KUT) 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.

Redishred Capital 3-Year ROIIC % Related Terms

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

Redishred Capital (TSXV:KUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redishred Capital Corp (TSXV:KUT) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

RDCPF:USA

Address

2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7

Website

https://www.proshred.com

Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).

Executives

Robert Michael Crozier

Director

Redishred Capital (TSXV:KUT) Headlines

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