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Titan Minerals (ASX:TTM) 5-Year ROIIC % : -2.64% (As of Dec. 2022)


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What is Titan Minerals 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Titan Minerals's 5-Year ROIIC % for the quarter that ended in Dec. 2022 was -2.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Titan Minerals's 5-Year ROIIC % or its related term are showing as below:

ASX:TTM's 5-Year ROIIC % is ranked better than
50.07% of 2119 companies
in the Metals & Mining industry
Industry Median: -2.66 vs ASX:TTM: -2.64

Titan Minerals 5-Year ROIIC % Historical Data

The historical data trend for Titan Minerals's 5-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.

Titan Minerals 5-Year ROIIC % Chart

Titan Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.82 -32.00 -22.25 -2.64 -

Titan Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-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 -22.25 - -2.64 - -

Competitive Comparison of Titan Minerals's 5-Year ROIIC %

For the Gold subindustry, Titan Minerals's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Titan Minerals's 5-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Titan Minerals's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Titan Minerals's 5-Year ROIIC % falls into.



Titan Minerals 5-Year ROIIC % Calculation

Titan Minerals's 5-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( -3.422 (Dec. 2022) - -1.878 (Dec. 2017) )/( 60.019 (Dec. 2022) - 1.476 (Dec. 2017) )
=-1.544/58.543
=-2.64%***

* 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 5-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.


Titan Minerals  (ASX:TTM) 5-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.


Titan Minerals 5-Year ROIIC % Related Terms

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Titan Minerals (ASX:TTM) Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
Titan Minerals Ltd is a Canada-based mineral exploration company. The company's main assets are The Dynasty Project, The Linderos Project, The Copper Duke Project, and The Copper Field Prospect. It continues to evaluate new business opportunities in South America.