GB Global ROIC
Was ist das ROIC von GB Global?
ROIC von GB Global Limited ist -13.73%
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 Consumer Discretionary Sektor auf NSE im Vergleich zu GB Global
Was macht GB Global?
GB Global Limited manufactures and sells textiles and garments in India. The company is involved in the yarn dyeing, weaving, printing, and processing activities. It also exports its products. The company was formerly known as Mandhana Industries Limited and changed its name to GB Global Limited in August 2019. GB Global Limited was incorporated in 1984 and is based in Mumbai, India.
Unternehmen mit roic ähnlich GB Global
- Life & Banc Split hat ROIC von -13.78%
- Akora Resources Ltd hat ROIC von -13.78%
- Norwegian Cruise Line hat ROIC von -13.77%
- Tilray hat ROIC von -13.74%
- ImmunoPrecise Antibodies hat ROIC von -13.74%
- ImmunoPrecise Antibodies hat ROIC von -13.74%
- GB Global hat ROIC von -13.73%
- American Resources hat ROIC von -13.70%
- Sportech Plc hat ROIC von -13.70%
- Jesmond Capital hat ROIC von -13.69%
- Slack Technologies Inc hat ROIC von -13.69%
- Northern 3 VCT hat ROIC von -13.68%
- TUI AG hat ROIC von -13.67%