O ROIC de CAT Strategic Metals Corporation é -4284.63%
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.
CAT Strategic Metals Corporation engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for uranium, gold, silver, and copper deposits. It also holds a 100% interest in the South Preston Uranium property covering approximately 20,679 hectares located in Saskatchewan, Canada; and Gold Jackpot property comprising 64 unpatented lode claims that covers an area of 535 hectares located to the southeast of Jackpot, Nevada. The company was formerly known as Chimata Gold Corp. and changed its name to CAT Strategic Metals Corporation in February 2019. CAT Strategic Metals Corporation was incorporated in 2010 and is headquartered in Vancouver, Canada.