Petroteq ROIC
¿Qué es el ROIC de Petroteq?
El ROIC de Petroteq Energy, Inc. es -34.13%
¿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 Energy en TSXV en comparadas con Petroteq
¿Qué hace Petroteq?
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. It holds rights to mine, extract, and produce oil and associated hydrocarbons and minerals from oil sands containing heavy oil and bitumen under mineral leases covering approximately 1,671,91 acres in the Asphalt Ridge area of Utah, including 320 acres held under the TMC Mineral Lease and an additional 1,351.91 acres held under three Temple Mountain State of Utah's School and Institutional Trust Land Administration Leases. The company also operates rights under five leases covering lands consisting of approximately 5,960 acres situated in Uintah, Wayne, and Garfield Counties, Utah. In addition, it is developing a blockchain-powered supply chain management platform for the oil and gas industry. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
Empresas con roic similar a Petroteq
- Mountain Valley MD tiene ROIC de -34.26%
- Mach7 Technologies tiene ROIC de -34.24%
- Streamline Health Solutions, Inc tiene ROIC de -34.23%
- Khiron Life Sciences tiene ROIC de -34.21%
- Lucid tiene ROIC de -34.19%
- ProAm Explorations tiene ROIC de -34.15%
- Petroteq tiene ROIC de -34.13%
- Intellia Therapeutics Inc tiene ROIC de -34.11%
- Fisker tiene ROIC de -34.03%
- Conatus Pharmaceuticals tiene ROIC de -34.00%
- Signify Health tiene ROIC de -34.00%
- Anixa Biosciences tiene ROIC de -33.98%
- Aster Acquisition Corp tiene ROIC de -33.96%