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MedBright AI Investments (XCNQ:MBAI) 10-Year ROIIC % : -31.22% (As of Feb. 2024)


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What is MedBright AI Investments 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. MedBright AI Investments's 10-Year ROIIC % for the quarter that ended in Feb. 2024 was -31.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for MedBright AI Investments's 10-Year ROIIC % or its related term are showing as below:

XCNQ:MBAI's 10-Year ROIIC % is ranked worse than
86.31% of 548 companies
in the Asset Management industry
Industry Median: 2.185 vs XCNQ:MBAI: -31.22

MedBright AI Investments 10-Year ROIIC % Historical Data

The historical data trend for MedBright AI Investments's 10-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.

MedBright AI Investments 10-Year ROIIC % Chart

MedBright AI Investments Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.32 -82.43 -138.23 -16.37 -31.22

MedBright AI Investments Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
10-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 - - -31.22 - -

Competitive Comparison of MedBright AI Investments's 10-Year ROIIC %

For the Asset Management subindustry, MedBright AI Investments's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


MedBright AI Investments's 10-Year ROIIC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MedBright AI Investments's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where MedBright AI Investments's 10-Year ROIIC % falls into.



MedBright AI Investments 10-Year ROIIC % Calculation

MedBright AI Investments's 10-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -1.41 (Feb. 2024) - -0.113 (Feb. 2014) )/( 4.39 (Feb. 2024) - 0.235 (Feb. 2014) )
=-1.297/4.155
=-31.22%***

* 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 10-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.


MedBright AI Investments  (XCNQ:MBAI) 10-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.


MedBright AI Investments 10-Year ROIIC % Related Terms

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MedBright AI Investments Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
MedBright AI Investments Inc is a capital allocator focusing on investing in healthcare technology companies.

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