Radient Technologies ROIC
Was ist das ROIC von Radient Technologies?
ROIC von Radient Technologies, Inc. ist -61.25%
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 TSXV im Vergleich zu Radient Technologies
Was macht Radient Technologies?
Radient Technologies Inc., together with its subsidiaries, processes, sells, and distributes cannabis materials in Canada. It offers cannabis oil, standardized cannabinoid ingredients, cannabis extracts, and cannabis formulations. The company also provides extraction services for the extraction, purification, and isolation of cannabinoids for third parties. Its ingredients are used in natural food and beverage products, personal care products, and nutraceutical and pharmaceutical products. Radient Technologies Inc. was incorporated in 2001 and is headquartered in Edmonton, Canada.
Unternehmen mit roic ähnlich Radient Technologies
- Tonix Pharmaceuticals Corp hat ROIC von -61.38%
- ASLAN Pharmaceuticals Ltd hat ROIC von -61.37%
- Stemline Therapeutics hat ROIC von -61.29%
- DynaCERT hat ROIC von -61.27%
- BIMI hat ROIC von -61.26%
- California Gold Mining hat ROIC von -61.25%
- Radient Technologies hat ROIC von -61.25%
- Tricida Inc hat ROIC von -61.12%
- Fabled Silver Gold hat ROIC von -61.12%
- Onconova Therapeutics Inc hat ROIC von -61.07%
- Honey Badger Exploration hat ROIC von -61.01%
- Contango Oil & Gas hat ROIC von -60.90%
- Pond Technologies hat ROIC von -60.86%