Alumina ROIC
¿Qué es el ROIC de Alumina?
El ROIC de Alumina Limited es -0.50%
¿Cuál es la definición 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 compañías en Sector Materials en ASX en comparadas con Alumina
¿Qué hace Alumina?
Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, and Spain, and Saudi Arabia; and a 55% interest in the Portland aluminium smelter in Victoria, Australia. It is also involved in shipping operations. The company was formerly known as WMC Limited and changed its name to Alumina Limited in December 2002 as part of the demerger of the WMC Group. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia.
Empresas con roic similar a Alumina
- Unichem Laboratories tiene ROIC de -0.51%
- Lloyd Fonds AG tiene ROIC de -0.51%
- SAExploration tiene ROIC de -0.51%
- Landmark Property Development tiene ROIC de -0.50%
- Tortoise Acquisition II tiene ROIC de -0.50%
- Western Resources tiene ROIC de -0.50%
- Alumina tiene ROIC de -0.50%
- Kinross Gold tiene ROIC de -0.49%
- Era tiene ROIC de -0.49%
- Garnet International tiene ROIC de -0.49%
- Great China tiene ROIC de -0.49%
- Tortoise Acquisition tiene ROIC de -0.48%
- Unitech tiene ROIC de -0.48%