Touchpoint ROIC
Was ist das ROIC von Touchpoint?
ROIC von Touchpoint Group Holdings, Inc. ist -261.11%
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 Communication Services Sektor auf NYSE im Vergleich zu Touchpoint
Was macht Touchpoint?
Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company engages in the software development, design, integration, support, and maintenance services of a robust fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business. Its fan engagement platform also brings users closer to the action by enabling them to engage with clubs, favorite players, peers, and relevant brands through various features, including live streaming, access to limited edition merchandise, gamification, user rewards, third party branded offers, credit cards, and related benefits. The company was formerly known as One Horizon Group, Inc. and changed its name to Touchpoint Group Holdings, Inc. in September 2019. Touchpoint Group Holdings, Inc. was incorporated in 1972 and is based in Miami, Florida.
Unternehmen mit roic ähnlich Touchpoint
- Brainstorm Cell Therapeutics hat ROIC von -264.56%
- Citrine Global, Corp hat ROIC von -264.14%
- MGT Capital Investments hat ROIC von -263.15%
- Leafbuyer Technologies hat ROIC von -262.93%
- Bionoid Pharma hat ROIC von -262.92%
- Mydecine Innovations hat ROIC von -262.51%
- Touchpoint hat ROIC von -261.11%
- Guyana Goldstrike Inc hat ROIC von -260.73%
- Pure Extracts Technologies hat ROIC von -260.52%
- Freeport Resources hat ROIC von -259.64%
- Nimy Resources Ltd hat ROIC von -258.06%
- EnerSpar hat ROIC von -258.02%
- Applied Therapeutics hat ROIC von -257.01%