Air T Inc ROIC
Was ist das ROIC von Air T Inc?
ROIC von Air T Inc ist 0.49%
Was ist die Definition von ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC von Unternehmen in Industrials Sektor auf NASDAQ im Vergleich zu Air T Inc
Was macht Air T Inc?
air t inc. operates in two industry segments, providing air cargo services to the air express delivery industry through its wholly owned subsidiaries, mountain air cargo, inc. ("mac") & csa air, inc. ("csa"), and aviation ground support and other specialized industrial equipment products and services through its wholly owned subsidiaries, global ground support, llc ("global") & global aviation services, llc ("gas"). mac & csa provide small package overnight air freight delivery services on a contract basis throughout the eastern half of the united states, puerto rico and the caribbean. mac & csa operate approximately 90 aircraft under agreements with federal express. mac and csa operate under separate aviation certifications. mac is certified to operate under part 121 & part 135 of the regulations of the federal aviation administration . this certification permits mac to operate aircraft that can carry up to 18,000 pounds of cargo. mac's principal office, and airt's corporate headqua
Unternehmen mit roic ähnlich Air T Inc
- New World Department Store China hat ROIC von 0.48%
- New World Development hat ROIC von 0.48%
- New World Development Co hat ROIC von 0.48%
- Prajay Engineers Syndicate hat ROIC von 0.48%
- Setco Automotive hat ROIC von 0.48%
- Truett-Hurst hat ROIC von 0.49%
- Air T Inc hat ROIC von 0.49%
- Hansard Global Plc hat ROIC von 0.49%
- Heartland USA hat ROIC von 0.49%
- Lazard Global Total Return and Income Fund Inc hat ROIC von 0.49%
- Kamada Ltd hat ROIC von 0.49%
- Horizon Bancorp Inc (IN) hat ROIC von 0.49%
- WVS hat ROIC von 0.50%