The Orissa Minerals Development ROIC
Qual é o ROIC de The Orissa Minerals Development?
O ROIC de The Orissa Minerals Development Company Limited é -15.27%
Qual é a definição de 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 de empresas na Setor Materials em BSE em comparação com The Orissa Minerals Development
O que The Orissa Minerals Development faz?
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It also produces and sells sponge iron. The company was incorporated in 1918 and is based in Kolkata, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.
Empresas com roic semelhantes a The Orissa Minerals Development
- Columbia Seligman Premium Technology Growth Fund Inc tem ROIC de -15.35%
- iTeos Therapeutics tem ROIC de -15.33%
- Treasure ASA tem ROIC de -15.30%
- Innovative Food tem ROIC de -15.30%
- Xelpmoc Design and Tech tem ROIC de -15.29%
- Norwegian Cruise Line tem ROIC de -15.27%
- The Orissa Minerals Development tem ROIC de -15.27%
- Westport Fuel Systems tem ROIC de -15.26%
- KR1 Plc tem ROIC de -15.25%
- MKS Instruments tem ROIC de -15.25%
- Lesaka Technologies Inc tem ROIC de -15.24%
- Clarmin Explorations tem ROIC de -15.23%
- Tudor Gold tem ROIC de -15.20%