Yiren Digital Ltd ROIC
Was ist das ROIC von Yiren Digital Ltd?
ROIC von Yiren Digital Ltd ist 15.31%
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 Finance Sektor auf NYSE im Vergleich zu Yiren Digital Ltd
Was macht Yiren Digital Ltd?
yirendai (nyse: yrd) is a leading online consumer finance marketplace in china connecting investors and individual borrowers. the company provides an effective solution to address largely underserved investor and individual borrower demand in china through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. yirendai deploys a proprietary risk management system, which enables the company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.
Unternehmen mit roic ähnlich Yiren Digital Ltd
- Duncan Engineering hat ROIC von 15.27%
- Shenzhou International hat ROIC von 15.27%
- Owens Corning hat ROIC von 15.28%
- The Fertilisers And Chemicals Travancore hat ROIC von 15.28%
- Wuxi Shangji Automation Co hat ROIC von 15.29%
- Academy Sports & Outdoors hat ROIC von 15.30%
- Yiren Digital Ltd hat ROIC von 15.31%
- Qiagen N.V hat ROIC von 15.31%
- Universal Display hat ROIC von 15.32%
- Vanke Property (Overseas) hat ROIC von 15.33%
- Taiwan Semiconductor Manufacturing hat ROIC von 15.33%
- Vardhman Polytex hat ROIC von 15.34%
- Saksoft hat ROIC von 15.34%