Premium Income ROIC
Was ist das ROIC von Premium Income?
ROIC von Premium Income Corp. ist 42.46%
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 TSX im Vergleich zu Premium Income
Was macht Premium Income?
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.
Unternehmen mit roic ähnlich Premium Income
- Emerson Electric Co hat ROIC von 41.62%
- Stanmore Coal hat ROIC von 41.66%
- Ökoworld AG hat ROIC von 41.67%
- Smith & Wesson Brands hat ROIC von 41.83%
- Tips Industries hat ROIC von 42.09%
- BTCS hat ROIC von 42.19%
- Premium Income hat ROIC von 42.46%
- GoCo Plc hat ROIC von 42.81%
- Fair Isaac hat ROIC von 43.03%
- Trajectory Alpha Acquisition Co hat ROIC von 43.17%
- Lovisa hat ROIC von 43.23%
- Daqo New Corp hat ROIC von 43.40%
- Baytex hat ROIC von 43.82%